Which of the following led to the eventual demise of the fixed currency exchange rate regime worked out at Bretton Woods?
A) widely divergent national monetary and fiscal policies among member nations
B) differential rates of inflation across member nations
C) several unexpected economic shocks to member nations
D) all of the above
Answer: D
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When you need to inform employees that a benefit or privilege will be eliminated,
A) the best approach is to leak the news as a rumor rather than make a public announcement. B) minimize the impact of the bad news by presenting it in as positive a light as possible. C) use the direct approach. D) use as many hedging words as possible. E) explain the decision is in the employee's best interest.
According to Gresham's law
A. the product of the money supply and velocity of money is always equal to the transactions demand for money. B. increases in interest rates increases the speculative demand for money. C. whenever there are two different types of money circulating, people hoard the good one, and use the bad one as a medium of exchange. D. as an economy grows, the inequality in the distribution of income in the economy initially increases, then reaches a maximum, after which it eventually decreases.
Indexes and bibliographies are general business sources of external secondary data that provide brief descriptions of companies, organizations, or individuals
Indicate whether the statement is true or false
A manager listens to his boss telling him of a time he tried to implement change and failed because he did not involve his employees. The manager thinks to himself ‘when I implement change I’m going to involve my employees in the decision!’ This scenario is an example of Fulop and Rifkin’s (1999) concept of ______________.
a. Learning by doing b. Stories c. Copycatting d. Popular accounts