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In the 1800s, people in mining towns in the West often paid for goods with gold nuggets or gold dust. What was the function of gold? a. It was used as part of a barter system. b. It
was used as a currency. c. It was used as representative money. d. It was used as fiat money.
It was used as a currency.
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Original conversation
User: In the 1800s, people in mining towns in the West often paid for goods with gold nuggets or gold dust. What was the function of gold? a. It was used as part of a barter system. b. It was used as a currency. c. It was used as representative money. d. It was used as fiat money.

Weegy: It was used as a currency.
latefisher|Points 3420|

User: Money that people can gain access to quickly and easily to pay for goods and services is: a. M-1 c. M-3 b. M-2 d. M-4

Weegy: money that people can gain access to quickly and easily to pay for goods and services is Answer: A. M-1
emdjay23|Points 2212|

User: When talking about money, uniformity means: a. every country needs to use the same currency. c. each continent should have their own coins. b. people must be able to count and measure money accurately. d. none of the above

Weegy: When talking about money, uniformity means: a. every country needs to use the same currency
Expert answered|selymi|Points 11211|

User: Which of the following statements is true? a. Money is a medium of exchange. c. Money serves as a store of value. b. Money is a unit of account. d. all of the above

Weegy: d. all of the above statements are true
Expert answered|selymi|Points 11211|

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Asked 8/31/2013 12:04:35 PM
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All of the following are reasons for declining union membership EXCEPT a. many employers have made a determined effort to keep unions out of their businesses. b. many new workers are second-income earners who tend to accept lower wages. c. unions ceased to improve working conditions for their members. d. the expense of union-made goods has hurt sales and led to lay-offs.
Weegy: All of the following are reasons for declining union membership EXCEPT c. unions ceased to improve working conditions for their members. User: constant dollars Weegy: The term constant dollars refers to a metric for valuing the price of something over time, without that metric changing due to inflation or deflation. The term specifically refers to dollars whose present value is linked to a given year. [ (The principle, of course, can be applied to any currency worldwide, not only American dollars. ] (More)
Question
Expert Answered
Asked 8/31/2013 8:29:13 AM
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What is the gold standard? a. A system that uses actual gold coins as a country’s money. b. A system in which a country’s money is backed with gold. c. A currency system in which each dollar is worth 1/20 of a pound of gold. d. A money system in which the paper currency is good in more than one country
Question
Not Answered
Updated 196 days ago|9/7/2016 2:00:40 AM
2 Answers/Comments
What is the gold standard?
Answer: c. A currency system in which each dollar is worth 1/20 of a pound of gold.
Added 8/31/2013 11:22:57 AM
This answer has been flagged as incorrect.
Flagged by jerry06 [9/7/2016 2:00:42 AM]
The gold standard is a system in which a country’s money is backed with gold.
Added 196 days ago|9/7/2016 2:00:40 AM
This answer has been added to the Weegy Knowledgebase
What is the gold standard? a. A system that uses actual gold coins as a country’s money. b. A system in which a country’s money is backed with gold. c. A currency system in which each dollar is worth 1/20 of a pound of gold. d. A money system in which the paper currency is good in more than one country
Question
Not Answered
Updated 169 days ago|10/4/2016 9:18:40 AM
2 Answers/Comments
What is the gold standard?
Answer: c. A currency system in which each dollar is worth 1/20 of a pound of gold.
Added 8/31/2013 11:25:06 AM
This answer has been flagged as incorrect.
Flagged by kiara07 [10/4/2016 9:18:39 AM]
The gold standard is a system in which a country’s money is backed with gold.

Added 169 days ago|10/4/2016 9:18:40 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by yumdrea [10/5/2016 10:13:19 AM]
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