Which of the Following Is One of the Major Reasons

question 34

Multiple Choice

Which of the following is one of the major reasons the gold standard was abandoned? 

• A) The increased flow of gold from the U.S. into foreign central banks. 
• B) The competitive devaluation of currencies during the Great Depression. 
• C) The strengthening of the U.S. dollar due to the rise in productivity levels in the United States. 
• D) The United States unilaterally announced that the dollar would not be convertible to gold.

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Definitions:

Sample Proportion

The ratio of the number of times an event occurs to the total number of trials or times the activity is performed.

Control Chart

A graph used to study how a process changes over time, displaying data points in time order and often including control limits to detect anomalies.

Standard Error

The standard deviation of the sampling distribution of a statistic, most commonly of the mean.

Sample Standard Deviation

A measure of the amount of variation or dispersion of a set of sample values, indicating how much the values differ from the mean of the sample.