Explain the process, as well as the direction of causation, of (expansionary, restrictive) monetary policy?

  1. Explain the process, as well as the direction of causation, of (expansionary, restrictive) monetary policy? Use complete sentences
  2. What are the basic requirements for a country to have a gold standard(or full-bodied money)? Use graphical and verbal analysis to explain.
  3. Why do Libertarians advocate for a gold standard, or full bodied money?
  4. What keeps the market price of gold from rising above the stipulated price?
  5. What keeps the market price of gold from falling below the stipulated price?

 

Use one –inch margins, 12 Character front, and single spacing

 

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