If Under the Gold Standard, the Dollar Was Worth One

question 47

Multiple Choice

If under the gold standard, the dollar was worth one ounce of gold, and the British pound was worth one ounce of gold, then one British pound was worth _____

• A) $5.
• B) $20.
• C) $4.
• D) $1.
• E) half an ounce of gold.

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Definitions:

AIDET

An acronym for Acknowledge, Introduce, Duration, Explanation, and Thank you; a communication framework used by healthcare providers to enhance patient interactions.

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A mental state that involves looking at situations optimistically, expecting good outcomes, and focusing on growth opportunities.

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