State the three rules of the gold standard.
Question:
State the three rules of the gold standard.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
The gold standard was a monetary system in which the value of a countrys currency was directly tied ...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Gold Explorers Inc. (Gold Explorers) is a major Canadian gold mining corporation. Gold Explorers has mines and development projects in Canada (Northern Ontario and British Columbia), the United...
-
Gold has served as a medium of exchange and a store of value. The increase in trade led each country to set a par value for its currency in terms of gold. The gold standard as an international...
-
Y is 87 years old and has been suffering from cancer for a long time, enduring much pain. there is no possibility that he will ever recover from this illness and suffering. X, his son, is a medical...
-
On October 1, 2020, Berlin Corp. purchased 250, $ 1,000, 9% bonds for $ 260,000. An additional $ 7,500 was paid for the accrued interest, which is paid semi-annually on December 1 and June 1. The...
-
The two-dimensional distribution of pollutant concentration in a channel can be described by c(x, y) = 7.7 + 0.15x + 0.22y 0.05x2 0.016y2 0.007xy Determine the exact location of the peak...
-
IMAP allows users to fetch and download email from a remote mailbox. Does this mean that the internal format of mailboxes has to be standardized so any IMAP program on the client side can read the...
-
3. In year 0, SmoothCo has $50 million in cash and $50 million in inventory, financed by $100 million in equity. In year 1, the company records $100 million in revenue, $80 million in operating...
-
Budgeted selling and administrative expenses for Royal Tire Co. in P7-2 for the year ended December 31, 2013, were as follows: In P7-2, Royal Tire Co.'s budgeted unit sales for the year 2013 were:...
-
What is net income? Waterway Company began operations in 2018 and for simplicity reasons, adopted weighted average pricing for inventory. In 2020, in accordance with other companies in its industry....
-
Compare and contrast hard pegs, crawling pegs, and flexible exchange rate systems.
-
If the USD/AUD exchange rate is 0.75, and inflation has been 6 percent in the United States and 3 percent in Australia (since the base year), what is the real exchange rate? Has the USD appreciated...
-
How can lenders go about restricting shareholders rights to dividends? ( Hint: Think back to Chapter 6 .)
-
1. State the difference between lists and tuples in Python programming. 2. Explain why Python is an Interpreted Language
-
1. How does Python handle memory? 2. Python's ternary operators: how do they work? 3. How is Python's multithreading implemented
-
In a relational database, explain the difference between Inner join & Outer join. Provide an example query for each and describe the result set produced by each query.
-
We can model some of the electrical properties of an unmyelinated axon as an electric cable covered with defective insulation so that current leaks out of the axon to the surrounding fluid. We assume...
-
It is possible to investigate the thermo chemical properties of hydrocarbons with molecular modeling methods. (a) Use electronic structure software to predict cHo values for the alkanes methane...
-
Assume that the nation of Spain is small and unable to influence the Brazilian (world) price of steel. Spains supply and demand schedules are illustrated in Table. Assume that Brazils price is $400...
-
What are the major reasons for the skepticism of many developing nations regarding the comparative-advantage principle and free trade?
-
Stabilizing commodity prices has been a major objective of many primary-product nations. What are the major methods used to achieve price stabilization?
-
September 23 for $1,050 each. On December 24 , it sold one of the diamonds that was purchased on July 9 . Using the specific identification method, its ending inventory (after the December 24 sale)...
-
Madsen Motors's bonds have 13 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 8%, and the yield to maturity is 10%. What is the...
-
Builder Products, Incorporated, uses the weighted - average method in its process costing system. It manufactures a caulking compound that goes through three processing stages prior to completion....
Study smarter with the SolutionInn App