Which of the Following Is True for Countries Following the Gold

question 70

Multiple Choice

Which of the following is true for countries following the gold standard exchange rate system?

• A) Discretionary fiscal policy in these countries is hindered.
• B) These countries are relatively less susceptible to domestic shocks.
• C) The value of the exchange rate is relatively stable.
• D) These countries are not prone to deflation or inflation.

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Definitions:

Safe Workplace

A work environment where the health, safety, and wellbeing of employees are actively protected and promoted.

Verbal Warning

An oral reprimand from an employer to an employee about the employee’s performance or behavior at work, often as a preliminary step before written warnings.

Progressive Discipline

A disciplinary process in the workplace that uses a graduated range of responses to employee misconduct, from verbal warnings to dismissal.

Disciplinary Interview

A meeting between an employee and management to discuss breaches of discipline or workplace standards, potentially leading to corrective action.