Which of the following statements about the Gold Standard is correct? The gold standard broke down because the U.S. did not have enough gold reserves. The gold standard was maintained during the Great Depression. The central banks of the countries had to maintain enough gold reserves to redeem for their currencies, therefore imposing discipline on money supply. The gold standard allowed currencies to fluctuate around a certain margin.

Which of the following statements about the Gold Standard is correct? The gold standard broke down because the U.S. did not have enough gold reserves. The gold standard was maintained during the Great Depression. The central banks of the countries had to maintain enough gold reserves to redeem for their currencies, therefore imposing discipline on money supply. The gold standard allowed currencies to fluctuate around a certain margin