
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
النسخة 20الرقم المعياري الدولي: 978-0077660772
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
النسخة 20الرقم المعياري الدولي: 978-0077660772 تمرين 2
Explain why merchants accepted gold receipts as a means of payment even though the receipts were issued by goldsmiths, not the government. What risk did goldsmiths introduce into the payments system by issuing loans in the form of gold receipts?
التوضيح
Even though the gold receipts were not i...
Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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