Answer: The gold standard would prevent governments from inducing inflation by the issuance of paper money that was not backed by gold.
Explanation: Google always got my back ;)
1) Erodes Purchasing Power. This first effect of inflation is really just a different way of stating what it is.
2) Encourages Spending, Investing. A predictable response to declining purchasing power is to buy now, rather than later.
3) Causes More Inflation.
4) Raises the Cost of Borrowing.
5) Lowers the Cost of Borrowing.
Reduces Unemployment.
Explanation:
Answer:
i would say it is angel tells mary she will be the mother of Jesus
Explanation:
