Question 29 (1 point) Under a gold standard, if a country\'s exports exceed its

Question

Question 29 (1 point)

Under a gold standard, if a country's exports exceed its imports, its gold stock _____, leading to a(n) _____ in expenditures and a(n) _____ in _____.

Question 29 options:

declines; reduction; reduction; exports

declines; increase; reduction; imports

increases; increase; increase; imports

increases; increase; reduction; imports

declines; reduction; reduction; exports

declines; increase; reduction; imports

increases; increase; increase; imports

increases; increase; reduction; imports

Explanation / Answer

c) Increases, increase, increase , imports

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