The Gold Standard Dominated Exchange Rate Systems During What Period

question 139

Multiple Choice

The gold standard dominated exchange rate systems during what period?

• A) from 1776 to 1816
• B) from 1836 to 1849
• C) from 1870 to 1913
• D) from 1945 to 1965

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Definitions:

Compound Interest

Interest calculated on the original principal and on previously calculated interest.

Simple Interest

Interest estimated only on the starting sum, not accounting for any compounding effects.

Evaluate

To determine or set the value or amount of; appraise.

Simplify

The act of simplifying a math expression or equation to its most basic version.