Which of the Following Was a Disadvantage of Using Gold

question 19

Multiple Choice

Which of the following was a disadvantage of using gold as a medium of exchange in international trade?

• A)The weight of gold made transporting it expensive.
• B)Gold was not in high demand.
• C)The gold standard imposed lenient monetary policies on countries that participated in the system.
• D)The gold standard increased the risk in exchange rates as it maintained highly flexible exchange rates between currencies.

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Definitions:

IDEA

The Individuals with Disabilities Education Act, a U.S. law ensuring services to children with disabilities throughout the nation.

Single Axis Diagnosis

A method of diagnosing psychiatric disorders focusing on a primary diagnostic category without systematically integrating multiple domains of functioning.

Personality Disorders

A rephrased definition of disorders characterized by enduring patterns of behavior, cognition, and inner experience that deviate significantly from the expectations of an individual's culture, are pervasive and inflexible, and lead to distress or impairment.

GAF Scores

Global Assessment of Functioning (GAF) scores are numeric scales (ranging from 0 to 100) used by mental health clinicians to rate the social, occupational, and psychological functioning of adults.