The U.S. government suspended the convertibility of the dollar into gold in
A) the 1930s.
B) the 1950s.
C) the 1970s.
D) 1991, when the first Gulf War broke out.
C
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The dividing line between small CDs and large CDs is $_______.
Fill in the blank(s) with the appropriate word(s).
The finite nature of the economy's resource base:
A. will be solved if only we would learn to conserve. B. is only a problem in developing countries. C. will be solved as technology advances. D. will always be with us.
Cookies would be considered:
A. a common resource. B. a private good. C. a public good. D. an artificially scarce good.
Which of the following is an example of a U.S. export of services?
a. a Canadian buys a Ford automobile that was produced in the United States b. a U.S. traveler buys an Irish knit sweater made in Ireland c. a British citizen buys an American Airlines ticket from London to New York d. a U.S. citizen puts money into a French money market account e. a Japanese exchange student buys a Big Mac while attending college in California