Six western states are considering laws to make gold legal, Business Economics

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Six western states are considering laws to make gold legal

Six Western states are considering laws to make gold "legal tender" in their states (Utah has actually passed such a law buy has not yet implemented it). If gold was made "legal tender" in those states, how effective do you think gold would be as (1) a medium of exchange (2) a standard of value and (3) a store of value in those states? Explain your reasoning.

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Business Economics: Six western states are considering laws to make gold legal

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