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Gresham's Law states that A. bad money drives good money out of circulation. B. good money drives bad money out of circulation. C. if a
Gresham's Law states that
A. | bad money drives good money out of circulation. | |
B. | good money drives bad money out of circulation. | |
C. | if a country bases its currency on both gold and silver, at an official exchange rate, it will be the more valuable of the two metals that circulate. | |
D. | none of the above. |
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