During which period in history were the largest number of nations using the gold standard as their payments system?

A) from 1870 to 1913
B) from the end of WWI to 1929
C) from 1929 to 1939
D) from 1945 to 1975

Ans: B) from the end of WWI to 1929

Economics

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New smartphone applications are developed to help consumers find the cheapest prices in the neighborhood. As a result,

A) firms get greater market power. B) consumers' search costs are greatly lowered. C) firms are able to charge higher prices. D) only smart markets become more competitive.

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