When firms had faith in a country's pledge to exchange its currency for gold, how did they prefer to be paid?
A. in gold
B. in paper currency
C. in a combination of gold and paper currency
D. in US dollars
E. in credit
Answer: B
When firms had faith in a country's pledge to exchange its currency for gold, how did they prefer to be paid?
A. in gold
B. in paper currency
C. in a combination of gold and paper currency
D. in US dollars
E. in credit