Buy custom The Economy and Monetarty Policy 
    
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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 3 / 802 | 
                
    
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How would this purchase affect the domestic money supply?
"The basic rule of the gold standard was a fixed amount of gold for each specific weight of gold. Paper currencies were redeemable into gold at any time. A nation's monetary reserves consisted of only gold. On an international level, importing and exporting gold was unrestricted...
        
        
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Paper currencies were redeemable into gold at any time. A nation's monetary reserves consisted of only gold. On an international level, importing and exporting gold was unrestricted. All balance of payments deficits were settled in gold" (Zurich, 2002, 4).
"In this way, gold had a disciplining influence on a national economy...
        
        
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            General points of the essay
            
                                    GOLD RUSH
                                    Gold Standard
                                    The Gold Cadillac
                                    Foreign Exchange Market/Gold Standard Summary
                                    Gold - The Standard and The Investment
                                    Gold Standard Foreign Exchange Market
                                    The Economy and Monetarty Policy
                                    Circle of Gold
                                    The Gold Bug
                                    Gold 2
                                    gold
                                    IMP POW 15: 12 Bags of Gold
                                    The rainbow with the pot of gold
                                    Yukon Gold
                                    Black Gold
                            
                    
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