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Which statement below regarding the use of a gold standard is FALSE? Paper money is more liquid than gold. Banks developed as a way to
Which statement below regarding the use of a gold standard is FALSE?
- Paper money is more liquid than gold.
- Banks developed as a way to store gold safely.
- The United States currently uses the gold standard to value its currency.
- Gold had much more practical value than as jewelry in regards to the gold standard.
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