What Did the Gold Standard Provide

question 73

Multiple Choice

What did the gold standard provide?

• A) an unpredictable exchange rate
• B) a predictable exchange rate
• C) a floating exchange rate
• D) a pegged exchange rate
• E) a monetary policy that was not influenced by the supply of gold

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Definitions:

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Appeal

The process of requesting a higher court to review and change the decision of a lower court.

Licensing

The granting of permission by an authoritative body to an individual or organization to engage in certain activity or use certain property.

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