Under the Gold Standard, the Government Must Have Enough Gold

question 61

Multiple Choice

Under the gold standard, the government must have enough gold to back up any

• A)increase in money demand.
• B)increase in the money supply.
• C)change in its currency's exchange rate.
• D)foreign currency deposits in its central bank.
• E)additional government spending.

---

Definitions:

Periodic Task

A task that is scheduled to run or execute at regular intervals.

Programs

Instructions written in a programming language that a computer or device executes to perform specific tasks.

Task

A specific piece of work or operation to be performed, often part of a larger process or system functionality.

Priority Task

A task given preferential execution over other tasks in a computing environment, based on urgency or importance.