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The paper on the use of cigarettes as money in POW camps during WWI addresses many...

The paper on the use of cigarettes as money in POW camps during WWI addresses many of the terms and concepts used in class. Use these concepts and terms to address these issues

A. What is Greshams Law?

B. Why and how did prices change following air raids in the prison camps?

. b. The paper on The Market for Lemons—relate Gresham’s Law to Adverse Selection

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jeff jeffy answered 1 year ago
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