A monetary standard based on two metals,usually silver and gold is called:
A)full-bodied money
B)a bimetallic standard
C)Fiat money
D)none of the above

Question

Quizplus · Accepted Answer

A bimetallic standard is a monetary system in which a currency is backed by two metals, usually silver and gold. This system establishes a fixed exchange rate between the two metals while allowing the circulation of coins made of both metals. This form of standard was used by many countries in the past as a way of stabilizing their currencies.

A Monetary Standard Based on Two Metals,usually Silver and Gold