A Goldsmith with 200 Gold Coins in His Safe Who

question 170

Multiple Choice

A goldsmith with 200 gold coins in his safe who keeps writing more and more goldsmith's receipts is

• A)raising his reserve ratio and raising the money supply.
• B)raising his reserve ratio and lowering the money supply.
• C)lowering his reserve ratio and raising the money supply.
• D)lowering his reserve ratio and lowering the money supply.

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Seventeenth Century

The century that spans from the year 1601 to 1700, a period marked by significant developments in science, art, and politics in Europe and around the world.

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