EBK THE ECONOMICS OF MONEY, BANKING AND
4th Edition
ISBN: 9780100668201
Author: Mishkin
Publisher: YUZU
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Question
Chapter 3, Problem 9Q
To determine
Why people were willing to be paid by check rather than with gold during 19th century in the U.S.
Concept Introduction:
Money is easily portable and has less transaction costs.
Expert Solution & Answer
![Check Mark](/static/check-mark.png)
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Chapter 3 Solutions
EBK THE ECONOMICS OF MONEY, BANKING AND