The Gold Standard Was Dissolved in 1973 Because

question 20

Multiple Choice

The gold standard was dissolved in 1973 because

• A) the U.S. printed too many dollars to maintain gold at $35/oz
• B) some countries preferred to hold gold instead of dollars
• C) high interest rates raised the cost of holding gold
• D) a and b only

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New Business

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Process Layout

An arrangement of resources in a manufacturing or service setting where similar processes or functions are grouped together, which is beneficial for handling a variety of products or services.

Product Layout

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