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The Gold Standard was a monetary system in which a. Full - bodied gold coins were the monetary unit. b. The monetary units were not

The Gold Standard was a monetary system in which

a. Full - bodied gold coins were the monetary unit.

b. The monetary units were not intrinsically valuable but were backed by gold reserves.

c. The central bank regulated the money supply.

d. Fiduciary means of payments were widely used.

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