One Feature of the Gold Standard Was That

question 136

Multiple Choice

One feature of the gold standard was that:

• A)countries had almost complete control over their own monetary policies.
• B)a surplus of gold caused the money supply to decrease.
• C)slow gold production led to deflation.
• D)exchange rates were highly unstable.
• E)each currency was worth the same as other currencies.

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Definitions:

Cognitive Components

Elements that make up the mental processes involved in gaining knowledge and comprehension, including thinking, knowing, problem-solving, and decision-making.

Emotional

Pertaining to feelings or affective states that can influence thoughts, behaviors, and physiological responses.

Emotional Regulation

The ability to manage and respond to an emotional experience with a range of emotions in a socially acceptable manner.

Indiscriminate Attachment

A phase in early human development where infants show no preference for specific caregivers and seek comfort and attention from anyone.