If the United States and Britain Were Both on the Gold

question 26

Multiple Choice

If the United States and Britain were both on the gold standard,trade would be brought into balance because

• A) one country would eventually run out of gold.
• B) both countries would eventually run out of gold.
• C) as a country's gold balance declines, it would have to import more and more to compensate for the loss.
• D) changes in the British and U.S. money supplies brought about by gold flows would cause their respective domestic price levels to change.
• E) the country with the positive export balance would export gold to the country with the negative export balance, causing the imbalance to disappear.

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Definitions:

Resting Blood Pressure

The pressure in the arteries when the heart rests between beats, providing a baseline measure of heart health.

Resting Heart Rate

The number of heartbeats per minute when a person is at rest, an important measure of cardiac health and fitness.

Aerobic Fitness

The capacity of the heart, lungs, and blood vessels to supply oxygen-rich blood to working muscles during extended physical activity, enhancing endurance.

All-Cause Mortality

The total number of deaths due to any cause in a specific population, used as a measure of the general health of that population.