Which of the Following Statements Is True of the Gold

question 3

Multiple Choice

Which of the following statements is true of the Gold standard?

• A) Gold standard was adopted only by the smaller nations of the world.
• B) Currencies were pegged to gold under the gold standard.
• C) Convertibility to gold was not guaranteed under the gold standard.
• D) Gold standard was not helpful in maintaining balance-of-trade equilibrium.

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Definitions:

Extraversion

A personality trait characterized by outgoingness, sociability, and a tendency to seek stimulation in the company of others.

Nature-Nurture Debate

A longstanding discussion concerning the relative importance of an individual's innate qualities versus personal experiences in determining or causing differences in physical and behavioral traits.

Personality Traits

Long-standing habits of cognition, emotion, and conduct that differentiate one person from another.

Personality Psychology

The branch of psychology that studies personality and its variation among individuals.