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If Gold Becomes Acceptable as a Medium of Exchange,the Demand

question 142

Multiple Choice

If gold becomes acceptable as a medium of exchange,the demand for gold will ________ and the demand for bonds will ________,everything else held constant.


Definitions:

Union Representative

An individual elected or appointed to represent and protect the interests of union members in discussions with employers.

Right to Strike

The legal right of workers to refuse to work as a form of protest against conditions or policies considered unfair by the workforce.

Interest Dispute

A conflict regarding the benefits or advantages that one or more parties expect to gain and disagree on during negotiations or agreements.

Jurisdictional Dispute

A disagreement stemming from the question of which court or administrative body has the legal authority to preside over a particular case or issue.

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