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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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Previous Question Next Question

	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.