One Potential Drawback of the Gold Standard Is That

question 47

Multiple Choice

One potential drawback of the gold standard is that

• A)the world economy can be subject to deflationary pressure due to the limited supply of monetary gold.
• B)the world economy can be subject to inflationary pressure without changes in the supply of monetary gold.
• C)gold is scarce.
• D)all of the above

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Definitions:

Optical Drives

A type of computer disk drive that reads and writes data from optical discs through laser beaming technology.

USB 3.0

A version of the Universal Serial Bus standard for computer connectivity that offers improved transfer rates compared to its predecessors.

Blu-ray

is a digital optical disc storage format, capable of storing high-definition or ultra-high-definition video, audio, and other data.

DVD

Digital Versatile Disc, an optical storage medium used for storing large amounts of data, including movies and software.