Mathematics, 28.01.2020 07:31 jrfranckowiak

Suppose that britain pegs the pound to gold at six pounds per ounce, whereas the exchange rate between pounds and u. s. dollars is $5 = £1. what would an ounce of gold be worth in u. s. dollars?

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Suppose that britain pegs the pound to gold at six pounds per ounce, whereas the exchange rate betwe...