Golden Ounce. Under the gold standard, the price of an ounce of gold in US...
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Golden Ounce. Under the gold standard, the price of an ounce of gold in US dollars was $20.73, while the price of that same ounce in British pounds was 13.4665. What would be the exchange tue between the dollar and the pound if the US dollar price had been $4202 per ounce of gold? The implied / exchange rate us dolor enco 620 7208 of ooids (Hound to four decimal place) Golden Ounce. Under the gold standard, the price of an ounce of gold in US dollars was $20.73, while the price of that same ounce in British pounds was 13.4665. What would be the exchange tue between the dollar and the pound if the US dollar price had been $4202 per ounce of gold? The implied / exchange rate us dolor enco 620 7208 of ooids (Hound to four decimal place)


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