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According to Gresham's Law

Question 93

Multiple Choice

According to Gresham's Law:


A) money with relatively high intrinsic value will be used for transactions.
B) money with relatively low intrinsic value will be used for transactions.
C) money with relatively high intrinsic value will cause inflation.
D) money with relatively low intrinsic value will cause inflation.
E) inflation increases the intrinsic value of money.

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