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Which of the following is a definition of the gold standard?
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Which of the following is a definition of the gold standard?

User LuckySlevin
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Answer: Currency based on the price of gold.

Step-by-step explanation:

User Deeksy
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Answer:

Gold standard is the variable of currency based on the price of gold. The value of the currency was defined in terms of gold and the currency could be exchange. This standard has been abandoned last 1930s during the Depression.

Step-by-step explanation:

User Gnietschow
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