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True or False: and why 1- A unit of account implies that money may be subdivided into smaller units. 2- Dollarization is the when some
True or False: and why
1- A unit of account implies that money may be subdivided into smaller units.
2- Dollarization is the when some countries tie their monetary policy to the United States.
3- Most countries abandoned silver as a backer of currency after the Great Depression.
4- US money supply has decreased dramatically in the face of the current pandemic in an attempt to control inflationary pressures.
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