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Question 5 (1 point) Under the gold standard, the price of an ounce of gold in U.S. dollars was $42.00, while the price of that

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Question 5 (1 point) Under the gold standard, the price of an ounce of gold in U.S. dollars was $42.00, while the price of that same ounce in British pounds was 3.7683. What was the price of the British pound in US dollar terms? 5.4852 3.7683 11.1456 0.0238

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