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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 62
If we were on an international gold standard, -----.
A) inflations would be eliminated
B) recessions would be eliminated
C) trade deficits and surpluses would be eliminated
D) no nation would ever have to devaluate its currency
A) inflations would be eliminated
B) recessions would be eliminated
C) trade deficits and surpluses would be eliminated
D) no nation would ever have to devaluate its currency
Explanation
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Microeconomics 9th Edition by Stephen Slavin
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