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Holding a Currency to the Gold Standard Works

Question 39

Multiple Choice

Holding a currency to the gold standard works:


A) to the advantage of savers at the expense of borrowers.
B) to the advantage of borrowers at the expense of savers.
C) for no one, and hurts both savers and borrowers from access to money.
D) for everyone, benefiting both savers and borrowers.

Correct Answer:

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