any other
- Under what conditions is it true that the “value of money is inversely as its quantity”?
- Explain carefully the following: “The average value of gold is made to conform to its natural value in the same manner as the values of other things are made to conform to their natural value.”
- In what various meanings is the phrase “the value of money” used? How far does the value of money in each of these meanings depend on (1) the cost of production, (2) supply and demand?
- Are the values of gold and silver subject to exactly the same natural laws as other commodities?
- Give the explanations and qualifications required to render the following proposition true: “The quantity of coin in every country is regulated by the value of the commodities which are to be circulated by it.”
- Would the world be richer if every individual in it suddenly found the quantity of money in his possession doubled?
- How far, or in what way, do you consider it correct to say that the general level of prices in a country depends upon the quantity of gold coin existing in that country?
- A single good harvest causes a considerable fall in the value of wheat; but a great addition to the year's supply of gold