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2 Gold Standard Identify the effects of using gold as a standard. Which of the following describes what happened to the gold trade as the
2 Gold Standard Identify the effects of using gold as a standard. Which of the following describes what happened to the gold trade as the use of gold as currency became more standardized? a.) Traders faced a double coincidence of wants. b.) Certain commodities became accepted as forms of exchange. c.) Banks figured out that they could print more money than gold that they had in their vaults. d.) People began to write checks instead of actually transferring gold
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