Last visit was: 12 Oct 2024, 20:46 It is currently 12 Oct 2024, 20:46

Close

GRE Prep Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GRE score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Close

Request Expert Reply

Confirm Cancel
SORT BY:
Date
User avatar
Director
Director
Joined: 22 Jun 2019
Posts: 521
Own Kudos [?]: 694 [4]
Given Kudos: 161
Send PM
avatar
Intern
Intern
Joined: 04 Mar 2019
Posts: 37
Own Kudos [?]: 6 [0]
Given Kudos: 0
Send PM
User avatar
Retired Moderator
Joined: 03 Dec 2019
Posts: 348
Own Kudos [?]: 941 [0]
Given Kudos: 0
Intern
Intern
Joined: 17 Jul 2021
Posts: 8
Own Kudos [?]: 4 [0]
Given Kudos: 2
Send PM
Re: The US Constitution established both gold and silver as the [#permalink]
Can someone explain question no 3? And why it isnt A.
"The "gold only" advocates, such as William McKinley, argued that shifts in the relative value of the two precious metals could lead to wild fluctuations in the values of currency in a bimetallic system."
Retired Moderator
Joined: 02 Dec 2020
Posts: 1833
Own Kudos [?]: 2141 [0]
Given Kudos: 140
GRE 1: Q168 V157

GRE 2: Q167 V161
Send PM
Re: The US Constitution established both gold and silver as the [#permalink]
It's a position of 'gold only' advocate but it is not the reason bimetallism was not enduring.

Rather consider this:
The argument that increasing the money supply would lead to greater prosperity strikes us now as naïve: of course, we now understand that increasing the monetary supply can lead to runaway inflation, which hurts everyone. Furthermore...

Hence choice E is correct. Plus we have to consider the whole passage while answering this kind of question.

pradeep099 wrote:
Can someone explain question no 3? And why it isnt A.
"The "gold only" advocates, such as William McKinley, argued that shifts in the relative value of the two precious metals could lead to wild fluctuations in the values of currency in a bimetallic system."
User avatar
SVP
SVP
Joined: 07 Jan 2021
Posts: 1638
Own Kudos [?]: 52 [0]
Given Kudos: 0
Send PM
Re: The US Constitution established both gold and silver as the [#permalink]
Hello from the GRE Prep Club VerbalBot!

Thanks to another GRE Prep Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.
Prep Club for GRE Bot
Re: The US Constitution established both gold and silver as the [#permalink]
Moderators:
GRE Forum Moderator
37 posts
GRE Instructor
222 posts
GRE Instructor
1063 posts

Powered by phpBB © phpBB Group | Emoji artwork provided by EmojiOne