Which of the following was the reserve currency under the gold exchange standard?
a. U.S. dollar
b. Euro
c. Great Britain pound
d. Australian dollar
e. Deutsche mark
a
You might also like to view...
Per-capita income of a country is determined by ________
A) multiplying its gross domestic product by the total number of goods produced during that year. B) dividing its gross domestic product by the total population of the country during that year. C) multiplying its gross domestic product by the total population of the country during that year. D) dividing its gross domestic product by the total number of goods produced during that year.
The more generous the amount of unemployment benefits, the
A) lower the opportunity cost of job search. B) shorter the time spent searching for a suitable job and the higher the opportunity cost of being unemployed. C) shorter the time spent searching until accepting a suitable job. D) higher the opportunity cost of job search. E) lower the natural unemployment rate.
When expectations cause people to discriminate against a certain group, it is referred to as:
A) preferential bias. B) implicit discrimination. C) statistical discrimination. D) taste-based discrimination.
In the above table, the efficient level of output can be achieved through a per unit subsidy of
A) zero. B) $20. C) $60. D) $120.