Monday, November 18, 2013

Economics

Homework due Tuesday, November 19

Economics in Our Times, pp 261-263

Research and write answers to the following questions: (of course NO Wikipedia).  Site your sources:
            1.  When did the U.S. go on the gold standard in its domestic economy?

            2.  How and when did the U.S. go off the gold standard, domestically and internationally?
                 Describe the two stages.
                 Hint:  Franklin Delano Roosevelt and Richard Nixon

            3.  What were the circumstances surrounding the decisions in Question 2?

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