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.

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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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sacha

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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emdjay23

To create a market supply schedule, an economist needs to know the total output of all suppliers in a given market. TRUE.

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if two shop sell the same merandise but one offers a higher level of service, the service distinction is a form of?A)price fixing.B)nonprice competition.C)choice among substititue products.D)local competition.

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Updated 5/15/2023 8:04:08 AM

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If two shops sell the same merchandise but one offers a higher level of service, the service distinction is a form of: nonprice competition.

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a cartel is able to survive only if?A)government regulations permit it.B)every member kepps to the agreed output levels.C)members are scrupulous about where they sell goods.D)members use advertising to differentiate their goods.

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Updated 1/19/2023 6:59:18 PM

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A cartel is able to survive only if: Every member keeps to the agreed output levels.

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the purpose of bothh deregulation and antitrust laws is to?A) promote competition.B)promote government control.C)prevent inefficient commerce.D) prevent monopolies.

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jeifunk

The purpose of both deregulation and antitrust laws is to promote competition.

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jeifunk

Money that can be easily divided into smaller units of value hs the characteristic of divisibility.

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