Which of the Following Is Consistent with the Predictions of Gresham's

question 19

Multiple Choice

Which of the following is consistent with the predictions of Gresham's law?

• A)The disappearance of U.S. coins circulating in Canada during periods when the Canadian dollar is worth less than the U.S. dollar.
• B)Increases in the money supply led to the hyperinflation of the 1920s in Germany.
• C)Debasement of a metallic money will be followed by inflation.
• D)The increased circulation of U.S. coins in Canada during periods when the Canadian dollar is worth significantly less than the U.S. dollar.
• E)An increase in the money supply will be followed by inflation.