Answer:
10
Step-by-step explanation:
Answer: A
Step-by-step explanation:
B) No longer used by many countries
C) Used by all countries
D) Based on measurements in pounds.
The gold standard is No longer used by many countries. Therefore, the correct option is option B.
A monetary system known as the "gold standard" links the value of a nation's currency or paper money directly to the price of gold. Countries agreed to exchange paper money for a certain amount of gold under the gold standard. A nation that adheres to the gold standard establishes a fixed gold price and buys and sells gold at that rate.
The value of the currency is established using that set price. The worth of a dollar, for instance, would be equal to 1/500th of an ounce of gold if the U.S. fixed the price of gold at $500 per ounce. The gold standard is No longer used by many countries.
Therefore, the correct option is option B.
To know more about gold standard, here:
#SPJ2
2y-2u9•3y9•u6
Simplify your answer as much as possible.
Step-by-step explanation:
this is you answer solved.
Answer:
343.97
Step-by-step explanation:
The first one is 343.97. You times 324.5 with 6% also known as 0.006 which is 19.47.
Add 19.47 to 324.5 and you get 343.97
It would be 20/100 = 0.20
So, your answer is 0.20