The Gold Standard Differed from the Gold Bullion Standard in That

question 57

Multiple Choice

The gold standard differed from the gold bullion standard in that the gold standard ________.

• A) used gold coins of standard specification
• B) was highly liquid
• C) backed paper currency with gold bullions
• D) did not use minted gold coins

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Group-Level Learning

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Culture And Norms

Collectively held beliefs, values, attitudes, and rules that guide behavior and interaction within a group or organization.

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