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Farmers opposed the gold standard because they claimed that it would A) Cause high inflation B) Undermine the national economy C) Make the currency unstable D) Cause prices for …

Farmers opposed the gold standard because they claimed that it would A) Cause high inflation B) Undermine the national economy C) Make the currency unstable D) Cause prices for …
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2 votes
Farmers opposed the gold standard because they claimed that it would

A) Cause high inflation
B) Undermine the national economy
C) Make the currency unstable
D) Cause prices for their crops to decline

asked
User Despina Kastani
by
7.6k points

2 Answers

3 votes

Answer:

Cause prices for their crops to decline.

Step-by-step explanation:

answered
User Jasper Duizendstra
by
7.4k points
4 votes
Farmers opposed the gold standard because they claimed that it would cause prices for their crops to decline. The correct option among all the options that are given in the question is the last option or option "D". This sytem of gold standard was abandoned by the government during the depression that happened during the years of 1930s.
answered
User Mathieu Rollet
by
8.1k points
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