Which of the Following Was NOT Considered to Have Been

question 47

Multiple Choice

Which of the following was NOT considered to have been a drawback of the pre-1914 gold standard?

• A)It sometimes led to inflation, which several times in the late nineteenth century caused recessions in the United States.
• B)Countries had little control over their domestic monetary policies.
• C)Countries with trade deficits experienced deflation.
• D)Changes in the world money supply were strongly influenced by gold discoveries.

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Minority

Minority refers to a group of people distinguished by physical or cultural traits who are fewer in number compared to the majority within a larger population or society.

Express Love

The act of showing affection or deep care towards someone, often through words, actions, or gestures.

Human Behavior

The range of actions and mannerisms exhibited by humans in conjunction with their environment, influenced by culture, attitudes, emotions, values, and genetics.

United States

A country located in North America, composed of 50 states, known for its significant influence on global culture, economy, and politics.