All national governments agreed to abide by the "rules of the game" under the gold standard. The defense of a fixed exchange rate was required.
A monetary system known as the "gold standard" links a currency's value directly to gold. As a result, the money is guaranteed by the government and can be exchanged for a specific amount of gold. A fixed exchange rate helps to ensure the smooth flow of money from one country to another.
Gold standard means, The amount of gold that a nation's central bank or treasury kept constituted the upper limit on its money supply. Any change in its gold holdings had to be accompanied by an equal adjustment in the number of outstanding local currency units.
According to the "rules of the game," nations that lost gold were required to raise interest rates and reduce their money supply, while nations that gained gold were required to lower interest rates.
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Answer:
Sample = 35 total residents survey
Population = Total number of citizen of the city
Explanation:
Given:
Total number of people = 35 people
Total number of approval = 15 people
Find:
Sample
Population
Computation:
Sample = 35 total residents survey
Population = Total number of citizen of the city
During the Civil War, Douglass was a consultant to President Abraham Lincoln and helped convince him that slaves should serve in the Union forces and that the abolition of slavery should be a goal of the war. Pasted on
That slaves were still slaves. Have a nice weekend!!
