Most economists do not advocate a return to the gold standard because:
A) It forces the central bank to fix the price of something we don't really care about while other prices can fluctuate a lot
B) Most of the gold mined today comes from relatively few countries
C) Inflation will depend on the rate that gold is mined
D) All of the answers given are correct
Correct Answer:
Verified
Q68: The International Monetary Fund's primary role under
Q69: If the U.S.were to revert to a
Q70: A country that suffers from bouts of
Q71: Most economic historians believe that:
A)If more countries
Q72: Speculative attacks:
A)Can only result from irresponsible fiscal
Q74: The Breton Woods System was an agreement
Q75: The International Monetary Fund was created as
Q76: Reasons individuals should not own gold include:
A)Governments
Q77: One reason a country would be better
Q78: Under the Bretton Woods System each participating
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents