Under the Coinage Act of 1792:
a. gold coins contained more metal than silver coins of the same denomination.
b. silver coins contained more metal than gold coins of the same denomination.
c. gold coins contained about the same amount of metal as silver coins of the same denomination.
d. gold coins were minted only in high denominations and silver coins were minted only in low denominations.
Question 2
Following World War II, the U.S. and most developed countries adopted a system of fixed exchange rates known as:
a. the Heller plan.
b. the new gold standard.
c. the Bretton Woods system.
d. the Geneva accord.