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Question 4 - Hypothetically, the United States enters another significant recession. How might being on a gold standard, where the Federal Reserve doesn't have the
Question 4 - Hypothetically, the United States enters another significant recession. How might being on a gold standard, where the Federal Reserve doesn't have the ability to create money, affect the length and severity of the recession? Use the Equation of Exchange as the basis of your response.
This is for my general economics class! Please help me out! Thank you so much in advance!!
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