MACROECONOMICS
14th Edition
ISBN: 9781337794985
Author: Baumol
Publisher: CENGAGE L
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Question
Chapter 19, Problem 5DQ
To determine
To ascertain: The effect on the world prices, when the huge gold strike occurred in the year 1849. And also ascertain the conditions in the world market supposing that there is no important new gold strike for 20 years period or so.
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