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:

Five-finger Discount

A colloquial term for shoplifting, implying the stealing of goods by concealing them with the hands.

Aggression

Behavior intended to harm or intimidate others, which can be physical or verbal in nature.

Violence

Behavior involving physical force intended to hurt, damage, or kill someone or something.

Hydraulic Model

A theory suggesting that emotional pressure builds up within individuals and must be released to avoid psychological issues, akin to the way hydraulic pressure builds and must be released.