Question
When goldsmiths issued receipts to represent physical gold on deposit money transitioned from: a. The silver standard to the gold standard b. Commodity money to
When goldsmiths issued receipts to represent physical gold on deposit money transitioned from:
a. The silver standard to the gold standard
b. Commodity money to fiat currency
c. Commodity money to commodity backed money
d. Fiat currency to commodity money
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Economics for Managers
Authors: Paul G. Farnham
3rd edition
132773708, 978-0133561128, 133561127, 978-0132773706
