6. Which of the following statements is correct about the U.S. gold reserve? A. The...
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6. Which of the following statements is correct about the U.S. gold reserve? A. The U.S. gold reserve belongs to the Federal Reserve and the dollar is backed by the gold reserve at the Fed. B. The U.S. didnt sell its gold reserve in the last 50 years because the sale of gold reserve is likely to cause political oppositions from the public. C. The value of the U.S. gold reserve is much larger than its GDP and annual government spending. D. The U.S maintain the worlds largest gold reserve because gold is the last resort of payment for international trade.
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