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true or false The US dollar is a commodity currency since it is backed by gold. 

          true or false The US dollar is a commodity currency since it is backed by gold.

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Principles of Economics
Principles of Economics
Gregory Mankiw 8th Edition
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true or false The US dollar is a commodity currency since it is backed by gold.
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Transcript

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00:01 Let's discuss problem 9th from the international financial system.
00:07 In this question, we have given a statement and we have to discuss whether the statement is true, false or uncertain.
00:15 The statement is that the inflation is not possible under the gold standard...
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