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Question 9 0.25 pts According to, Exchange Rates-Economics U$A, by abandoning the gold standard in 1933 and permitting the value of the US dollar to
Question 9 0.25 pts According to, "Exchange Rates-Economics U$A," by abandoning the gold standard in 1933 and permitting the value of the US dollar to decline, President Roosevelt was breaking with President Hoover: By making the control of excessive inflation the main priority of the US government. By making the restoration of full employment the main priority of the US government. By making the nation's pride in a strong dollar the main priority of the US government. By making external balance the main priority of the US government. Question 10 0.25 pts According to, "Economics USA," David Hume postulated that, under a gold standard, a country with a trade deficit will _ __ gold leading to Export, inflation. O Import, inflation. Import, deflation. Export, deflation
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