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.

---

Definitions:

Systematic Approach

A structured method of solving problems or managing processes that is consistent and repeatable.

Multimodal Therapy

An integrative therapeutic approach that assesses and treats problems through multiple modalities or methods, such as behavioral, cognitive, and physiological techniques.

Controlled Outcome Studies

Research designs that involve manipulation of interventions to determine their effectiveness, often with random assignment to treatment or control groups.

Pejorative Interpretations

The negative and often unjustified explanations or assumptions made about someone or something, which can impact understanding and relationships.