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what is golld standard?A)a system that uses actual gold coins as a country's money.B)asystem in which a counrty'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.
The gold standard is a system in which a country’s money is backed with gold.
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Asked 10/17/2009 3:25:30 PM
Updated 7/19/2016 4:23:14 AM
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The gold standard is a system in which a country’s money is backed with gold.
Added 7/19/2016 4:23:14 AM
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Confirmed by jeifunk [7/19/2016 10:22:43 AM]
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A cartel is able to survive only if: Every member keeps to the agreed output levels.
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Money that can be easily divided into smaller units of value hs the characteristic of divisibility.
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