Top Posters
Since Sunday
t
7
m
6
k
6
F
5
j
5
t
5
j
5
G
5
f
5
a
5
d
5
c
5
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
pinkkurage pinkkurage
wrote...
Go to Answer
Posts: 130
Rep: 0 0
A year ago
The Gold Standard

Suppose the United States and Great Britain are on the gold standard. If there is 0.40 ounce of gold in the dollar ($) and 0.55 ounce of gold in the British pound (£), then the exchange rate is ________.

▸ $1 = £0.40

▸ $1 = £1.38

▸ $1 = £0.55

▸ $1 = £0.73
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 44 times
1 Reply
Replies
Answer verified by a subject expert
isaw09isaw09
wrote...
#1
Posts: 135
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

pinkkurage Author
wrote...

A year ago
Brilliant ツ
Harvinder
wrote...

Yesterday
You make an excellent tutor!
rileyjones420
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1019 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 240
  
 79
  
 269