Question

During the 1800s, the nations supply of currency was tied to its national reserves of either gold or silver. In 1900, an act was passed by congress that would set the standard by which US currency is valued. This standard was set by the_____. A. Federal reserve act B. Bland-Allison act C. Silver standard act d. Gold standard act

Answer 1

The correct answer for the question that is being presented above is this one: "d. Gold standard act." During the 1800s, the nations supply of currency was tied to its national reserves of either gold or silver. In 1900, an act was passed by congress that would set the standard by which US currency is valued. This standard was set by the d. Gold standard act