During the 1930s,
a. ordinary citizens were not allowed to hold gold.
b. the US government fixed the price at which the Treasury would by and sell gold.
c. production of gold soared.
d. All of the above are correct.
e. Only a and b are correct.
d. All of the above are correct.
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The property of money that allows for the settling of debts that mature in the future is
A) store of value. B) liquidity. C) acceptability. D) standard of deferred payment.
A decrease in costs may not increase economic profit
Indicate whether the statement is true or false
The primary source of revenue for the Federal Reserve is
a. the interest earned on the bonds held by the Fed. b. its annual appropriation from Congress. c. the interest earned on discount loans to banks. d. the dividends earned on the stocks held by the Fed.
The most recent agreement in which participating nations agreed to reduce their overall emissions of greenhouse gases was
A. the 2001 Doha Round of climate change. B. the 2015 Paris Agreement on Climate Change C. the 1987-1993 Uruguay Round of climate change D. the 1997 Kyoto Protocol on climate change.