Which of the Following Is an Advantage of Using the Gold

question 82

Multiple Choice

Which of the following is an advantage of using the gold standard?

• A) The standard makes sure that goods are not priced out from markets due to inflation.
• B) The standard does not require a commitment from nations to maintain its currency's value.
• C) The standard effectively prevents the devaluation of currencies across the world.
• D) It contains a powerful mechanism for achieving balance-of-trade equilibrium by all countries.

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Definitions:

Ranking Method

A method of evaluating employees that ranks them from best to worst on some trait.

Forced Distributions

A performance evaluation method where employees are ranked and rated according to a predetermined distribution curve, often to identify top performers, average performers, and underperformers.

360-Degree Performance

A method of performance assessment where an employee is evaluated by feedback from supervisors, peers, subordinates, and sometimes clients.

Supervisors

Individuals who oversee and manage the work performance of others, ensuring tasks are completed efficiently and effectively.