A major advantage of a gold standard system is:
A) people have more faith in the money supply.
B) the money supply is less volatile than it would be on a paper standard.
C) money supply administrators have less ability to make unsuitable decisions.
D) all of the above.
Correct Answer:
Verified
Q56: Currently the U.S. is on a:
A) paper
Q57: A paper monetary standard:
A) is the worst
Q58: A commodity monetary standard:
A) is the worst
Q59: A system where the money supply is
Q60: A system where the money supply is
Q62: A problem with a commodity monetary standard
Q63: A major problem with a paper monetary
Q64: Which of the following statements about U.S.
Q65: Over its history, the U.S. economy:
A) was
Q66: Which of the following statements is FALSE?
A)
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