The Gold Standard

question 79

Multiple Choice

The gold standard:

• A)has been in operation since the establishment of the Federal Reserve Board.
• B)has been in operation since shortly after World War I.
• C)has been in operation since the Bretton Woods agreement was signed.
• D)was in operation for about 35 years before World War I.
• E)was in operation from the date of the Bretton Woods agreement until the devaluation of the U.S.dollar in 1971.