What Did the Gold Standard Provide

question 73

Multiple Choice

What did the gold standard provide?

• A) an unpredictable exchange rate
• B) a predictable exchange rate
• C) a floating exchange rate
• D) a pegged exchange rate
• E) a monetary policy that was not influenced by the supply of gold

---

Definitions:

Ethical Behavior

Refers to actions that are consistent with principles of morality, including honesty, fairness, and equity in relationships and society.

Transparency

The practice of being open, honest, and straightforward about various activities, ensuring that actions and decisions are clear to all stakeholders.

Corporate Social Responsibility

A business model that helps companies be socially accountable to themselves, their stakeholders, and the public, by practicing ethical and sustainable actions.

Crossover Applications

Software applications that are designed to operate on multiple operating systems or platforms, enabling wider usage and flexibility.