MCQOPTIONS
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| 1. |
Gresham’s Law states that— |
| A. | Good money drives bad money out of circulation |
| B. | Bad money drives good money out of circulation |
| C. | Both good money and bad money may co-exist |
| D. | Neither bad money nor good money may be long in circulation |
| Answer» C. Both good money and bad money may co-exist | |