Gold Par Value Refers to the ____

question 68

Multiple Choice

Gold par value refers to the ____.

• A) ratio of price of gold in a currency to price of gold in U.S. dollars
• B) amount of a currency needed to purchase one ounce of gold
• C) ratio of price of gold in a currency to price of gold in euros
• D) amount of gold required to equal the reference currency that a nation is using

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