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Reptor Reptor
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6 years ago
Which of the following was NOT considered to have been a drawback of the pre-1914 gold standard?
A) It sometimes led to inflation, which several times in the late nineteenth century caused recessions in the United States.
B) Countries had little control over their domestic monetary policies.
C) Countries with trade deficits experienced deflation.
D) Changes in the world money supply were strongly influenced by gold discoveries.
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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pepebillypepebilly
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6 years ago
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