abeka economics reading quiz J

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What law states that bad money drives out good?

Gresham's Law

True/False: Circulation is the asserted value of money

false

What is it called when the level of prices rises because too much money is in circulation?

inflation

what is the term economics use for coined, metallic money?

specie

True/False: The Roman Emperors often debased their empire's coins

true


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