This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the 1850s, the proportion of silver in the currency supply fell, and the proportion of gold rose. ... (Read 97 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
on: Jun 30, 2018
In the 1850s, the proportion of silver in the currency supply fell, and the proportion of gold rose. This is an illustration of :
 a. the quantity theory of money.
  b. Gresham's law.
  c. Say's law.
  d. the Walrasian auctioneer.
  e. none of the above.

Question 2

During the 1990s, the nominal price of crude oil ____ and the real price ____.
 a. leveled off; fell
  b. fell; leveled off
  c. rose; fell
  d. fell; rose


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ksh22

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 30, 2018
Answer to Question 1

b. Gresham's law.

Answer to Question 2

a. leveled off; fell


EY67

  • Member
  • Posts: 531
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

gold nano-particle gold nano-particle
Silver leaf tree Silver leaf tree
supply chain supply chain
Industrial and transport sources are responsible for a large proportion of global GHG emission Industrial and transport sources are responsible for a large proportion of global GHG emission
Who's Policing the Food Supply? Who's Policing the Food Supply?
Gene gun used to blast gold particles containing pea gene A into cells of white petals Gene gun used to blast gold particles containing pea gene A into cells of white petals
Video: Cell mediated immune response to a viral infection Animation

For a complete list of videos, visit our video library