Under a gold standard, what would happen if all countries weretrying to simultaneously increase their...

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Economics

Under a gold standard, what would happen if all countries weretrying to simultaneously increase their holdings of gold in theirofficial reserves? A. All countries will end up with excessivelycontractionary monetary policy. B. There will be no problem. C. Allcountries will end up with excessively expansionary monetarypolicy.

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