Gresham's law in economics shows that

Economics

JAMB 1986

A. bad money drives good money out of circulation
B. good money drives bad money out of circulation
C. gold must be available to maintain the value of paper money
D. the price level varies directly with the quality of money

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Correct Answer: Option A

Explanation

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Gresham's law in economics shows that

Correct Answer: Option A

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