When firms had faith in a country's pledge to exchange its currency for gold, how did most prefer to be paid?
A) in gold
B) in paper currency
C) in credit
D) in U.S. dollars
B
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The Walsh-Healy Public Contracts Act of 1936:
A. permits a lower "training wage," which employers may pay to workers under the age of 20 for a period of up to 90 days. B. requires that employers pay higher wages for overtime, defined as hours worked beyond 40 hours per week. C. covers construction contractors that receive more than $2,000 in federal money. D. requires general contractors performing services on prime contracts in excess of $2,500 to pay service employees in various classes no less than the wage rates found prevailing in the locality. E. covers all government contractors receiving $10,000 or more in federal funds.
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Indicate whether the statement is true or false.