McqMate
| Q. |
Under a gold standard, |
| A. | a nation’s currency can be traded for gold at a fixed rate |
| B. | a nation’s central bank or monetary authority has absolute control over its money supply |
| C. | new discoveries of gold have no effect on money supply or prices |
| D. | a & b |
| Answer» A. a nation’s currency can be traded for gold at a fixed rate | |
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