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QUESTION 1 MARKSI Mercantilists realized that (a) a surplus of exports would cause gold and silver to flow in from other countries, and (b)
QUESTION 1 MARKSI Mercantilists realized that (a) a surplus of exports would cause gold and silver to flow in from other countries, and (b) increases in the stock of money can drive up a nation's prices, Are these outcomes compatible with one another in the long run?
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