Under a Gold Standard

question 167

Multiple Choice

Under a gold standard,

• A)with a balance of payments deficit, interest rates would fall and attract foreign capital.
• B)a deficit in the balance of payments increased a nation's money supply automatically.
• C)all currencies were defined in terms of gold.
• D)when a nation had a deficit in its balance of payments, more gold was flowing in than was flowing out.
• E)All of the above are correct.

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Definitions:

Canadian Charter

Also known as the Canadian Charter of Rights and Freedoms, it is part of Canada's Constitution that protects various individual rights and liberties.

Recitation

An educational practice where students orally present learned material before a teacher or a class, often used for memorization and practice.

Intervening Material

Information or stimuli presented between the initial learning phase and the recall phase in memory experiments, often used to study the processes of interference and forgetting.

Increase In Forgetting

A rise in the inability to recall or recognize information that was once stored in the memory.