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Katena32 [7]
3 years ago
10

Which of the following is true about effective budgets?

Business
1 answer:
Dmitry_Shevchenko [17]3 years ago
4 0
It should be realistic and evaluated frequently
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Under the gold standard, gold flows reduce the money supply in one nation when another nation experiences a trade surplus. The n
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The lower prices create more demand for product from the nation with a reduction in the money supply, which leads to International Balance of Statement Differences

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Gold standard is a monetary stem that links the value of paper money to gold.This system were used to balance income differences between countries. Countries with a balance of payments surplus would receive gold inflows, while countries in deficit would experience an outflow of gold

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