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The gold standard was an important monetary system in the 19th century. Which of the following statements are correct? Group 2 of answer choices Gold
The gold standard was an important monetary system in the 19th century. Which of the following statements are correct? Group 2 of answer choices Gold is a suitable metal to back a currency as it stores easily, can easily be measured, and is very commonly accepted Convertability of the gold standard means that a country is willing to exchange gold into silver or another metal Governments are in full control over the money supply if the country adopts the gold standard if two countries are on the gold standard, they will have a fixed exchange rate between their currencies
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