close
    1. Home
      2. ›
    2. Uncategorized
      3. ›
    3. Good as gold. under the gold standard, the price of and ounce of gold in U.S dollars was $20.67, while the price of that same ounce in British pounds was 4.2474. What would the exchange rate between the dollar and the pound be it U.S dollar price has been $38.00 per ounce?
    Good as gold. under the gold standard, the price of and ounce of gold in U.S dollars was $20.67, while the price of that same ounce in British pounds was 4.2474. What would the exchange rate between the dollar and the pound be it U.S dollar price has been $38.00 per ounce?

    Answer this
    0  Views: 688 Answers: 2 Posted: 13 years ago
    Comment this question

      2 Answers

      The price per ounce would've been 7.8085 pounds. The exchange rate wouldn't change.

      13 years ago. Rating: 1
      Comment this answer

        The price per ounce would've been 7.8085 pounds. The exchange rate wouldn't change.

        13 years ago. Rating: 0
        Comment this answer



          Did this answer your question? If not, then ask a new question.

          Top contributors in Uncategorized category

           
          ROMOS
          Answers: 18061 / Questions: 154
          Karma: 1102K
           
          Colleen
          Answers: 47269 / Questions: 115
          Karma: 953K
           
          country bumpkin
          Answers: 11322 / Questions: 160
          Karma: 838K
           
          Benthere
          Answers: 2392 / Questions: 30
          Karma: 760K
          > Top contributors chart

          Unanswered Questions

          Xe tải Thành Công
          Answers: 0 Views: 7 Rating: 0
          Nhà Cái X8
          Answers: 0 Views: 11 Rating: 0
          Noka Marketing
          Answers: 0 Views: 8 Rating: 0
          S666
          Answers: 0 Views: 13 Rating: 0
          vsbetsite
          Answers: 0 Views: 12 Rating: 0
          JL14 – Your Online Entertainment Hub For Players In The Philippines
          Answers: 0 Views: 9 Rating: 0
          88ibet
          Answers: 0 Views: 14 Rating: 0
          99OK
          Answers: 0 Views: 18 Rating: 0
          > More questions...
          551621
          questions
          778682
          answers
          910852
          users