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untilwexo untilwexo
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5 years ago
Under the gold standard, when a nation had a deficit in its balance of payments
A) interest rates would rise which would reduce foreign investment.
B) interest rates would fall which would increase foreign investment.
C) gold would flow to foreign residents and the domestic money supply would decrease.
D) gold would flow into the country leading to an increase in the domestic money supply.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
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hmonierhmonier
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5 years ago
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untilwexo Author
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#2
5 years ago
Keep it up 10/10
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5 years ago
Welcome Smiling Face with Open Mouth
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