a. A system that uses actual gold coins as a country s money.
b. A system in which a country s money is backed with gold.
c. A currency system in which each dollar is worth 1/20 of a pound of gold.
d. A money system in which the paper currency is good in more than one country.
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Home » Business » What is the gold standard? a. A system that uses actual gold coins as a country s money. b. A system in which a country s money is backed with gold. c. A currency system in which each dollar is worth 1/20 of a pound of gold. d.