The Gold Standard Has It Origin in

question 119

Multiple Choice

The gold standard has it origin in

• A)the use of the word "gold" to refer to items of value.
• B)the use of gold coins as a medium of exchange.
• C)the inherent value placed on gold stones as objects of beauty and value.
• D)the use of gold bricks as a medium of exchange between countries.
• E)the resistance of gold to depreciation in value

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Definitions:

Total Contributions

The total sum of money given or invested in a particular context or over a period of time.

Ratio

The relationship between two numbers revealing how many times one can be contained within or contain the other.

Penetrated

Successfully entered or accessed an area or market, often used in business contexts.

Under-Exploited

Resources or opportunities not fully utilized or maximized to their potential benefit.