Countries with the:. a. biggest deflations and output contractions are countries which were never on the gold standard until 1936.
b. biggest inflations and output contractions are countries which were on the gold standard until 1936.
c. lowest deflations and output contractions are countries which were on the gold standard until 1936.

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.