The characteristic of gold that is most important to the success of a gold standard is that it is
A)portable
B)storable
C)easily standardized
D)expensive to produce as well as universally acceptable

Question

Quizplus · Accepted Answer

Gold's high production cost and universal acceptability are key to its value and trustworthiness as a standard for backing currency. This ensures it cannot be easily devalued or counterfeited, maintaining economic stability.

The Characteristic of Gold That Is Most Important to the Success