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OpenStudy (anonymous):

definition of the gold standard?

OpenStudy (anonymous):

the system by which the value of a currency was defined in terms of gold, for which the currency could be exchanged. The gold standard was generally abandoned in the Depression of the 1930s.

OpenStudy (anonymous):

the average price for gold

OpenStudy (anonymous):

The system by which the value if a currency was defined in terms of gold, for whcih the currency could be exchanged.

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