Which of the following is true of the $100 million gold reserve that the federal government kept on hand?
A) It gave investors at home and abroad confidence in the nation's economic stability.
B) It was the lowest amount required to meet the government's obligations.
C) It was the result of farmers' demands that they be paid for all purchases by the government in gold.
D) It fluctuated so much in price that by 1893 people had lost faith in it.
Correct Answer:
Verified
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