Remember: A gold standard promises gold for money, and it only works while the promise is kept.
Questions
1
Which one is not true about Goldmere and the gold standard?
🏃Too many notes can start a rush on the vault🔒A note could never be swapped for gold📜A note could be swapped for a bar of gold
2
📜Is it true? A note could be swapped for a bar of gold.
TrueFalse
3
Which one is true about Goldmere and the gold standard?
📜A note could be swapped for a bar of gold🔒A note could never be swapped for gold💰Goldmere had plenty of gold in its vault at the close
4
Which one is true about Goldmere and the gold standard?
🏋️Gold coins were light to carry🔒A note could never be swapped for gold⚖️Goldmere printed one note for each bar
5
Which one is true about Goldmere and the gold standard?
👑The gold standard still rules every country today🆓Printing extra notes costs the village nothing🚫No country promises gold for its money today
6
Which one is true about Goldmere and the gold standard?
👑The gold standard still rules every country today🚫No country promises gold for its money today🏋️Gold coins were light to carry
7
🆓Is it not true? Printing extra notes costs the village nothing.
TrueFalse
8
Which one is true about Goldmere and the gold standard?
👑The gold standard still rules every country today🏃Too many notes can start a rush on the vault🔒A note could never be swapped for gold
9
Which one is not true about Goldmere and the gold standard?
💰Goldmere had plenty of gold in its vault at the close📜A note could be swapped for a bar of gold🪶Notes were lighter than gold coins
10
Which one is not true about Goldmere and the gold standard?
🏋️Gold coins were light to carry🏦Tomas kept the gold in a vault🌍Many real countries once tied their money to gold
11
Which one is not true about Goldmere and the gold standard?
👑The gold standard still rules every country today🏦Tomas kept the gold in a vault🏃Too many notes can start a rush on the vault
12
Which one is not true about Goldmere and the gold standard?
⚖️Goldmere printed one note for each bar🏦Tomas kept the gold in a vault🏋️Gold coins were light to carry
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