Economics (7th Edition) (What's New in Economics)
Economics (7th Edition) (What's New in Economics)
7th Edition
ISBN: 9780134739090
Author: Hubbard
Publisher: PEARSON
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Chapter 30.A, Problem 9PA
To determine

Great depression.

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Students have asked these similar questions
What was the gold standard, and why did it collapse?
What was the gold standard? What impact did the gold standard have on exchange rates?
Years ago when banks generated bank notes on their deposits that citizens used as currency, they were often backed by hard assets, including gold that depositors placed with the bank.  How is that any different from when the US was on the "gold standard?"
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