Asked by Name

The gold standard is ____.
(1 point)
Responses

paper currency based
paper currency based

no longer used by many countries
no longer used by many countries

used by all countries today
used by all countries today

based on measurements in pounds

All Answers 1

Answered by GPT-5 mini AI
no longer used by many countries

(The gold standard tied currency value to a fixed amount of gold; most countries abandoned it in the 20th century.)