The Gold Standard Was Operated in the US Until 1971

question 44

True/False

The gold standard was operated in the US until 1971.

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Definitions:

Trading Investments

Trading investments refer to securities bought and held primarily for selling in the short term to profit from their price fluctuations.

Comprehensive Income

The total change in equity for a business enterprise during a period from transactions and other events from non-owner sources, including all non-owner changes in equity.

Unrealized Gains

Increases in the value of an asset that are not realized through a sale.