As the World Economy Grew During the 1920s, the Gold

Multiple Choice

As the world economy grew during the 1920s, the gold standard proved to be:

A) a real problem because the quantity of gold could not keep pace with economic expansion, resulting in severe deflation.
B) a boon to importers and exporters.
C) highly inflationary.
D) well-suited to new methods of transferring gold stocks between nations.