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Chako Chako
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8 years ago
Under the gold standard
A) a perpetual surplus is impossible.
B) a perpetual deficit is possible.
C) a perpetual surplus is possible.
D) a perpetual deficit is impossible, but a perpetual surplus is possible.
E) a perpetual surplus is impossible, but a perpetual deficit is possible.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Good answer, thank you
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#3
7 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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