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Reptor Reptor
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6 years ago
The gold standard probably made the Great Depression more severe in the United States because
A) the value of gold declined sharply during those years.
B) the existence of the gold standard kept prices from falling.
C) the money supply in the United States increased rapidly as gold flowed into the country.
D) the Fed attempted to reduce gold outflows by raising the discount rate.
Textbook 
Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
Authors:
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pepebillypepebilly
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6 years ago
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Reptor Author
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6 years ago
Brilliant
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Helped a lot
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