One Feature of the Gold Standard Was That

question 136

Multiple Choice

One feature of the gold standard was that:

• A)countries had almost complete control over their own monetary policies.
• B)a surplus of gold caused the money supply to decrease.
• C)slow gold production led to deflation.
• D)exchange rates were highly unstable.
• E)each currency was worth the same as other currencies.

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Definitions:

Solicitor General

The principal deputy to the U.S. Attorney General and the second-highest-ranking officer in the U.S. Department of Justice, primarily responsible for representing the federal government before the Supreme Court.

Interest Group

An organization formed by individuals sharing common objectives, aiming to influence public policy and decision-making.

Federal Prosecutor

An attorney representing the federal government in prosecuting crimes under federal law.

Twelfth Amendment

The Twelfth Amendment to the United States Constitution outlines the procedure for electing the President and Vice President, requiring separate votes for each.