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Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860Macroeconomics 9th Edition by David Colander
Edition 9ISBN: 978-0077501860 Exercise 20
If all currencies were on a gold standard, there would be no exchange rates between currencies and we would not face the difficulties presented by fluctuating exchange rates.
a.hat would be the benefit of having all currencies on a gold standard
b.hat would be the cost (Austrian)
a.hat would be the benefit of having all currencies on a gold standard
b.hat would be the cost (Austrian)
Explanation
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(a) The benefit of having all currencies...
Macroeconomics 9th Edition by David Colander
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