Under the Gold Standard,________

question 79

Multiple Choice

Under the gold standard,________.

• A) currency values were determined by supply and demand
• B) countries agreed to buy or sell their paper currencies for gold
• C) countries were free to adopt any nation's exchange-rate system
• D) the dollar's value was allowed to fall on currency markets

---

Definitions:

Rank Portfolios

The process of arranging portfolios in order according to a certain criterion, such as return or risk.

Nearly Identical

Refers to items or entities that are almost the same in appearance, characteristics, or quality, with very minor differences.

Morningstar

A financial services firm known for providing comprehensive research and analysis on mutual funds, stocks, and financial markets.

Star Rating

A system used to evaluate and rank products, services, or investments, such as mutual funds, typically on a scale from 1 to 5 stars based on performance and risk.