Which of the Following Is Most Accurate

question 22

Multiple Choice

Which of the following is most accurate?

• A) The US has always had a national bank since the early 1800s.
• B) The US is currently on the gold standard.
• C) The US used both gold and silver to back its currency during the entire 19^th century.
• D) The US experienced low inflation during the 1970s because it printed very little money.
• E) The US Federal Reserve is relatively independent compared to similar institutions in most other industrialized nations.

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Definitions:

Globalization Strategy

A globalization strategy is an approach adopted by organizations intending to operate and compete on a global scale, often involving diversifying markets, sourcing, and product offerings internationally.