Under a gold standard,

1.	Under a gold standard,
A.	a nation’s currency can be traded for gold at a fixed rate
B.	a nation’s central bank or monetary authority has absolute control over its money supply
C.	new discoveries of gold have no effect on money supply or prices
D.	a & b
Answer» B. a nation’s central bank or monetary authority has absolute control over its money supply

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Under a gold standard,

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