question 16(multiple choice worth 4 points)\n...
question 16(multiple choice worth 4 points)\n(01.02 mc)\ndevon writes a poem for a nationwide contest rather than joining friends at a football game. which could be a long - term benefit of devons choice?\ngetting extra credit in literature class\nsaving money on food concessions at the game\nwatching a favorite team win the championship\nwinning a scholarship for creative writing\n\nquestion 17(multiple choice worth 4 points)\n(01.06 mc)\na countrys currency is backed by a gold standard. however, gold production has declined and will not recover. which action would protect the value of the countrys currency in the long run?\nborrow more gold.\nprint more currency.\nmove to fiat currency.\ntake no action.
Answer
### Question 16
# Brief Explanations:
Writing a poem for a nationwide contest can lead to long - term academic and financial benefits. Winning a creative writing scholarship is a long - term gain compared to short - term benefits like extra credit or saving money on food.
# Answer:
Winning a scholarship for creative writing
### Question 17
# Brief Explanations:
When gold production declines under a gold - standard system, moving to a fiat currency (currency not backed by a physical commodity) can protect the currency's value as it is not tied to the dwindling gold supply. Borrowing more gold is not a sustainable long - term solution, printing more currency under a gold standard would devalue it, and taking no action would lead to currency devaluation.
# Answer:
Move to fiat currency