1 Page 2 Question 16 (1 point) Under the gold standard, if one ounce of gold sold for $20.67 in the USA and for 4.2474 in Great Britain, what would be the par exchange rate using the dollar as the reference currency? (enter your answer as numbers only using four decimal places. For example, if your answer is $1.2345/, enter "1.2345") 2 Page 3: 3 Your Answer: Page 4 Answer Previous Next Page Page 16 of 30 Submit Quli 0 of 30 questions saved 5 O Type here to search DING 21 Page 1 Previous Pape Next Page 1 Page 2 2 Question 17 (1 point) Under the gold standard, if one ounce of gold sold for $20.67 in the USA and for 4.2474 in Great Britain, what would be the par exchange rate using the pound as the reference currency? lenter your answer as numbers only using four decimal places. For example, if your answer is 1.2345/8, enter "1.2345") Your Answer: Page 3: 3 Page 4 Answer Page 17 of 30 Previous Page Next Page Sumu O of 30 questions coved 0 Type here to see Page 1 Page 18 of 30 Previous Page Next Page 1 Question 18 (1 point) If the U.S. risk-free rate is 2.0% and Panama has $33000000 annual value of seigniorage from paper currency which will never return to the United States, what is total number of US dollars circulating in Panama? Page 2 2 Your Answer: Page 3 Answer Page 4 Previous Page Next Pa Page 18 of 30 4 Sunul Oor 30 bestions soveed Type here to search BE