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Gresham’s Law is the tendency to hoard currency as its commodity value
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- The demand increase for foreign currency is caused by:Adopting the Gold Standard for a country’s economy implies that a. Money supply can be easily increased or decreased b. Interest rates become flexible c. Utilizing monetary policy tools becomes constrained d. Fiscal policy becomes flexibleYou are advising a small country on whether to print its own money or to use the money of its larger neighbour. What are the costs and benefits of having your own national currency? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.