Which of the following statements is FALSE?
A) Historically, panics and monetary crises have not occurred with commodity monetary standards.
B) A paper monetary standard must be carefully controlled and managed to avoid serious problems.
C) One advantage of a paper monetary standard is that the money supply can be tied to economic conditions.
D) There are both advantages and disadvantages to a paper monetary standard and a commodity monetary standard.
Correct Answer:
Verified
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A) make loans.
B) create
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A)
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