A return to the gold standard, that is, using gold for money will ___ the ___ for gold, ___ its price, everything else held constant.A.increase; demand; increasingB.decrease; demand; decreasingC.increase; supply; increasingD.decrease; supply; increasing 相关知识点: 试题来源: 解析 ...
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【单选题】Suppose under a gold standard the price of gold in the United States is 450 per ounce and the price of gold in the United Kingdom is 200£ per ounce. The exchange rate is thus: A. 2.25£ per dollar. B. 0.45 per pound. C. $2.25 per pound. D. 0.54£ per dolla...
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The gold standard was the subject of one of the best-known speeches in American political history. William Bryan wanted the country to use both gold and silver as money. The idea was to devalue the dollar and make it easier for farmers to pay their debts. So he delivered a speech, ...
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To an extent, tying currency to the gold standard kept money printing practices in check by putting absolute limits on the supply of currency, as governments tied each coin or bill to a finite amount of gold. Without the ability to manipulate the money supply, nations couldn’t influence the...
Gold Standard System vs. Fiat System A fiat system is a monetary system in which the value of a currency is not based on any physical commodity but is instead allowed to fluctuate dynamically against other currencies on the foreign exchange markets. ...
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