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167

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[–] 3 pts

What happens to a $10 goldback if the price of gold doubles?

[–] 4 pts

I guess the value would double buy the denomination would remain a 10 dollar gold back bill. So if I could buy 10 loaves of bread when the price doubles I'd be able to buy 20 loaves of bread with the same bill.

[–] 0 pt

Partner retailers that advertise that they accept goldbacks have their cashiers trained on how to convert and check out.