Which U.S. President took the United States off the gold standard?
a. Nixon
b. Ford
c. Carter
d. Eisenhower
Question 2
Which of the following is NOT a reason the United States taken off the gold standard in the early 1970s?
a. The Vietnam War and the Great Society antipoverty programs increased U.S. budget deficits.
b. As the dollar overhang grew, foreign investors and governments grew less willing to finance it.
c. The Vietnam War undermined U.S. moral authority.
d. Vast amounts of gold discovered in the Yukon Territory.