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Faced with a continuing drain of U.S. gold reserves, the U.S. chose to Select one: A. allow interest rates to rise in order to attract
Faced with a continuing drain of U.S. gold reserves, the U.S. chose to
Select one:
A. allow interest rates to rise in order to attract gold back into U.S. vaults.
B. lower the exchange ratio of dollars to gold from 1/35 ounce to 1/70 ounce.
C. eliminate the redemption of foreign-held U.S. dollars for gold.
D. end the military draft in an effort to boost U.S. productivity.
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