Effect of debasing imperial coinage

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Reference no: EM131544349

Question: Debasing imperial coinage had the effect of

A. reassuring people that the government had sufficient money to maintain peace.

B. stabilizing the economic situation, because there was more money to go around.

C. creating inflation, because merchants raised prices to make up for the coins' lower value.

D. lowering prices, because people could now afford to buy more goods.

Reference no: EM131544349

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