Business, 25.01.2020 00:31 nedannn

You are in charge of your country's currency, which is backed by a gold standard. unfortunately, gold production is dropping sharply and is not expected to recover. what is your best option? a. borrow more gold. b. print more currency. c. move to fiat currency. d. take no action.

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Answer from: jvocare894

C. Move to fiat currency

Explanation:

Gold Standard

Gold standard is a monetary system where the paper money issued by the government through its monetary authority must be backed a defined quantity of gold. But nations have since moved from that gold standard and to a monetary system known as Fiat currency. under gold standard the value of money is commensurate with the value of gold backing such a currency.

Fiat currency

When monetary authority issue paper money that is not backed by gold but with the faith of the issuing authority, such is called fiat currency or fiduciary issue. Fiduciary issues is purely based on trust in the government issuing it.

Answer from: Quest

you can lose ranking 2 ways.

1) you don't have enough points due to you expending them by asking questions/your answers are deleted.

2) your brainliest's expired. this means that brainliests, once they exceed the 30 day limit, expires. this is to ensure that you continue to contribute into the community at a constant rank if you want to continue to have/exceed the rank you have right now.

if you go to profile, and click "show more information" located on the bottom left of the box with your information (on top of the questions answered, questions asked, and friends), you will be given the following information (example):

member since : 02/13/2017, 18: 11

questions answered: 9741

questions asked: 162

no. of brainliest answers: 1575

brainliest answers in last 30 days: 10

warnings: 0 view

questions/answers reported: 2637

questions/answers incorrectly reported: 64

look at the "brainliest answers in the last 30 days". this is the one that will affect your rank other than your points. again, once your brainliest expires (was earned 31+ days ago), it will not be counted.

Answer from: Quest

tell them not to name the burger a cheese burger

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