Under the bimetallic system,when did the U.S.experience a depletion in its reserve species?

Name: Under the bimetallic system,when did the U.S.experience a depletion in its reserve species?
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

Under the bimetallic system, the U.S. fixed the value of the U.S. dollar to the value of gold and silver. When imports exceeded exports, gold and silver flowed out of the country, leading to a depletion in reserve species. This resulted in a contraction of the money supply, which led to economic downturns.

Under the Bimetallic System,when Did the U