The United States was taken off the gold standard by

A) President Lyndon Johnson.
B) President Richard Nixon.
C) the Federal Reserve Chairman.
D) President Jimmy Carter.

B

Economics

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Every transaction concerning the exportation of U.S. goods constitutes a

A) demand for dollars, with no effect on markets for foreign currencies. B) supply of foreign currency, with no effect on the market for dollars. C) supply of foreign currency and demand for dollars. D) demand for foreign currency and a supply of dollars.

Economics

If the Chinese constructed their national income accounts the way we do in the United States, then it would not include

a. compensation of employees of the Chinese government b. rent earned by Chinese private landowners c. corporate profit earned by the China Energy Corporation d. the purchase of housing in the Chinese capital, Beijing e. royalties earned by a Chinese poet on her new publication The East Is Red

Economics