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Under the gold standard a. price levels stayed constant over time b. price levels rose dramatically c. the long-run stability of the price level includes

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Under the gold standard a. price levels stayed constant over time b. price levels rose dramatically c. the long-run stability of the price level includes altemating periods of irtiation and deflizion d. fiat money is more valuable Suppose the spot direct quotes for the pound steriling and French franc are $1.398189 and $.113033. respectively. What is the direct quote for the pound in Paris? a. 097687 b. 080812 c. 12.33983796 d. 12.34693726

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