asked 121k views
1 vote
How did the gold standard create deflation?

by encouraging people to borrow money

by putting more money in the hands of bankers

by making fewer dollars available to the public

by making gold scarcer and more valuable

asked
User A Webb
by
8.5k points

2 Answers

2 votes

Answer:

by making gold scarcer and more valuable

3 votes

Answer:

The answer is (By making gold scarcer and more valuable).

Step-by-step explanation:

answered
User Zero Point
by
7.8k points
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