The first full-fledged gold standard
A) was not established until 1821 in Great Britain, when notes from the Bank of England were made fully redeemable for gold.
B) was not established until 1780 in the United States, when notes from the Continental Army were made fully redeemable for gold.
C) was established in 986 during the Han dynasty in China.
D) none of the above
Correct Answer:
Verified
Q2: The gold standard still has ardent supporters
Q2: Suppose that country A and country B
Q3: Gresham's Law states that
A)bad money drives good
Q6: Suppose that your country officially defines gold
Q6: Prior to the 1870s,both gold and silver
Q8: One potential drawback of the gold standard
Q10: An "international" gold standard can be said
Q12: The international monetary system went through several
Q17: The United States adopted the gold standard
Q19: Prior to the 1870s,both gold and silver
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