A Supply and Demand Exposition of the Operation of a Gold Standard in a Closed Economy.

Bohanon, Cecil E.; And Others

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Peer reviewed

ERIC Number: EJ312900

Record Type: Journal

Publication Date: 1985

Pages: N/A

Abstractor: N/A

ISBN: N/A

ISSN: N/A

EISSN: N/A

A Supply and Demand Exposition of the Operation of a Gold Standard in a Closed Economy.

Bohanon, Cecil E.; And Others

Journal of Economic Education, v16 n1 p16-26 Win 1985

Neither short-run nor long-run price stability is a necessary state of affairs under a gold standard. This conclusion results from an examination of possible differential rates of productivity growth in the gold and non-gold producing sectors. (Author/RM)

Descriptors: Economics, Economics Education, Higher Education, Productivity, Resource Materials, Secondary Education

Publication Type: Journal Articles; Opinion Papers

Education Level: N/A

Audience: Teachers; Practitioners

Language: English

Sponsor: N/A

Authoring Institution: N/A

Grant or Contract Numbers: N/A