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pinkkurage pinkkurage
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A year ago
The Gold Standard

Suppose the United States and Great Britain are on the gold standard. If there is 0.40 ounce of gold in the dollar ($) and 0.55 ounce of gold in the British pound (£), then the exchange rate is ________.

▸ $1 = £0.40

▸ $1 = £1.38

▸ $1 = £0.55

▸ $1 = £0.73
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Macroeconomics

Macroeconomics


Edition: 3rd
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isaw09isaw09
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A year ago
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