The Bretton Woods exchange rate system was replaced by a gold standard

Indicate whether the statement is true or false


FALSE

Economics

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Which of the following is an example of a product that is excludable and nonrival?

A) a motorcycle B) the court system C) Western lowland gorillas D) a NASCAR event

Economics

Being unemployed in economic terms means that you are:

a. out of work and actively looking for a job. b. out of paid work and not actively looking for a job. c. out of work and not actively looking for a job. d. out of paid work and unable to work.

Economics

Suppose the government designates certain areas within a community to be "wetlands," making it illegal to build on the land. What happens to land not classified as "wetlands" within the community? (i) The price of non-wetland land will rise. (ii) The marginal product of non-wetland land will fall. (iii) The marginal product of non-wetland land will rise

a. (i) and (ii) only b. (ii) only c. (i) and (iii) only d. (iii) only

Economics

The unemployment rate in the United States at the peak of the Great Depression was ________ percent.

A. 10 B. 25 C. 20 D. 5

Economics