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Under the Bimetallic Standard of the 19th Century

Question 44

Multiple Choice

Under the bimetallic standard of the 19th century,


A) gold was initially valued at about 15 times that of silver.
B) price fluctuations of gold and silver eased the adoption of the system.
C) price fluctuations caused hoarding of undervalued coins.
D) Both a and b are correct.
E) Both a and c are correct.

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