This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The Coinage Act of 1792 set the relative values of silver and gold coins at 15 to 1 . Suppose the ... (Read 113 times)

WWatsford

  • Hero Member
  • *****
  • Posts: 539
    • Biology Forums!
on: Jun 30, 2018
The Coinage Act of 1792 set the relative values of silver and gold coins at 15 to 1 . Suppose the relative market values of silver and gold had equaled 16 to 1 . In this case,
 a. only gold would circulate as money.
  b. gold would be hoarded and sold abroad.
  c. gold would be overvalued at the mint.
  d. individuals would profit by selling gold to the mint.

Question 2

Response to the energy crisis of the early 1970s did not include
 a. gasoline rationing by waiting.
  b. gasoline rationing by price.
  c. increased bureaucratic involvement.
  d. Americans insulating their homes.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

SamMuagrove

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 30, 2018
Answer to Question 1

b. gold would be hoarded and sold abroad.

Answer to Question 2

b. gasoline rationing by price.


WWatsford

  • Member
  • Posts: 539
Reply 2 on: Jun 30, 2018
Excellent

amit

  • Member
  • Posts: 364
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Critical lab Values Critical lab Values
Values, both those held by individuals and those that represent a nation or people, can undergo deep ... Values, both those held by individuals and those that represent a nation or people, can undergo deep ...
Single-dose drug administration. Pharmacokinetic values for this drug are as follows: onset of ... Single-dose drug administration. Pharmacokinetic values for this drug are as follows: onset of ...
Let A ⊆ R and p ∈ A. Suppose A\{p}6= ∅. Prove that p is an isolated point of A if and ... Let A ⊆ R and p ∈ A. Suppose A\{p}6= ∅. Prove that p is an isolated point of A if and ...
Two metal rods, one silver and the other copper, are both attached to a steam chamber, with a ... Two metal rods, one silver and the other copper, are both attached to a steam chamber, with a ...
Finding the graph of a Parabola using certain values Finding the graph of a Parabola using certain values
Video: Deafness Culture

For a complete list of videos, visit our video library