Based on the U

question 38

Multiple Choice

Based on the U.S. historical experience with the gold standard, we can conclude that

• A) the gold standard guarantees price stability but not economic stability.
• B) the standard guarantees economic stability but not price stability.
• C) the gold standard guarantees both economic and price stability.
• D) the gold standard guarantees neither economic nor price stability.

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Definitions:

Injury

Harm or damage inflicted on a person's body, property, rights, or reputation.

Diversity of Citizenship

A legal principle allowing federal courts in the United States to hear cases involving parties from different states or countries.

Federal Court

A court established by the government of a country that deals with issues that concern the constitution or national laws.

Discernible Meaning

Able to be understood or perceived clearly; having a recognizable or understandable significance.