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    Question

    Gresham’s law states

    that: 
    A The value of money varies inversely with the price level Correct Answer Incorrect Answer
    B The value of money varies directly with price level Correct Answer Incorrect Answer
    C Bad money drives out good money out of Correct Answer Incorrect Answer
    D Good money drives out bad money Correct Answer Incorrect Answer

    Solution

    The correct answer is C

    Practice Next
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