One Feature of the Gold Standard Was That

question 208

Multiple Choice

One feature of the gold standard was that

• A)countries had almost complete control over their own monetary policies
• B)surplus could cause the money supply to decrease
• C)slow gold production could lead to deflation
• D)exchange rates were unstable
• E)each currency was worth the same as other currencies

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Definitions:

Propagation of Genes

The process by which genes are transferred from one generation to the next, ensuring the survival and variation of traits within a population.

Close Relatives

Family members who are closely related by blood, such as parents, siblings, and children.

Genetic Variations

Differences in DNA sequences among individuals, which contribute to the biological diversity and heritable traits within a population.

Spontaneously Mutate

Refers to the process by which an organism's DNA changes without external influence, leading to genetic variation.