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Gibson's Paradox - How To Discuss

By Olivia Shea |

Gibsons Paradox,

Definition of Gibsons Paradox:

  1. An observation made by J.M. Keynes stating in economics there is a correlation between interest rates and the general price level of gold. This is contrary to the general view that had previously been held by economists at that time in history.

Meaning of Gibsons Paradox & Gibsons Paradox Definition