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 79 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
Great answer, keep it coming :)

juliaf

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Lake position in the landscape and proportion of water received as groundwater (data from Webster et Lake position in the landscape and proportion of water received as groundwater (data from Webster et
supply chain supply chain
Crimson-Eyed Rose-Mallow Crimson-Eyed Rose-Mallow
Pyrite or “Fool’s Gold Pyrite or “Fool’s Gold
Molten gold beetle Molten gold beetle
Video: Graded potentials - electrical characteristics and types

For a complete list of videos, visit our video library