The Bretton Woods Systems established
(a) the International Monetary Fund.
(b) the International Bank for Reconstruction and Development (the World Bank).
(c) the International Trade Organization (WTO).
(d) all of the above.
(d)
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All of the following are functions of the Federal Reserve System EXCEPT
A) to provide loans to developing countries. B) to act as the government's fiscal agent. C) to supply the economy with fiduciary currency. D) to hold depository institutions' reserves.
When two or more individuals own a business that does not have a legal existence separate from that of the individuals, it is known as a
a. joint proprietorship. b. multi-owner corporation. c. partnership. d. cooperative.
Of the following balance of payments measures, which one shows bestwhether there are speculative financial capital flows from the nation?
a. Current account b. Balance on goods & services c. Balance on goods, services, and net income d. Capital account e. Financial account
The skills and knowledge gained by a worker through education and experience are ____________ .
a. production possibilities. b. physical capital. c. human capital. d. entrepreneurial.