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USCurrency Is Not Currently Convertible into Gold

Question 145

Multiple Choice

U.S.currency is not currently convertible into gold.What does this mean?


A) It is impossible/illegal to buy gold with U.S. currency.
B) The government is not obliged to exchange U.S. currency for gold.
C) The price of gold in U.S. currency does not change from day to day.
D) The price of gold in U.S. currency fluctuates from day to day.

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