Answer:
false
Explanation:
i think but im not 100 sure
Gold standard is when a country associates the currency of the nation to the reserve of the gold. For example, a country can give a currency and get gold respectively for that value of the currency.
One of the advantages of gold is that it drops inflation because too much money pursuits too few goods and the purchasing power of the people increase and there will be no shortage in the nation’s fiscal budget.
One of the major disadvantages is its feasibility and liquidity unlike US Dollars. During Great Depression US was unable to redeem all its gold reserve to dollars due to the people’ purchasing power went drastically low.
Answer:
Explanation:
What was the significance of the gulf of tonkin incident?
The significance of the gulf of tonkin incident gave President Lyndon B. Johnson authorization, without a formal declaration of war by Congress, for the use of military force in Southeast Asia after incorrectly claimed that North Vietnamese forces had twice attacked American destroyers in the Gulf of Tonkin.
The correct answer is Japan had few natural resources and needed to get them from elsewhere. Among the other choices, this is the statement that most likely explains why Japan so actively sought to claim foreign lands during its imperial period. Thank you for posting your question. I hope this answer helped you. Let me know if you need more help.
<span>The cost of producing a good and getting it to the customers is called a accounting cost
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