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 79 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

Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Critical Values of the Chi-Square Distribution Critical Values of the Chi-Square Distribution
The values of Φ and Ψ for all the amino acid The values of Φ and Ψ for all the amino acid
Decimal Values as They Relate to the Location of the Decimal Point Decimal Values as They Relate to the Location of the Decimal Point
Concordance Values in Monozygotic and Dizygotic Twins Concordance Values in Monozygotic and Dizygotic Twins
Finding the graph of a Parabola using certain values Finding the graph of a Parabola using certain values
Video: hGH, Thyroid hormones & Aldosterone

For a complete list of videos, visit our video library