No currency ever appreciated or depreciated under the Bretton Woods system as it was based on a system of fixed exchange rates
a. True
b. False
Indicate whether the statement is true or false
False
You might also like to view...
If a change in government spending causes "crowding in" in an open economy, which of the following might increase in addition to consumption and investment?
A) unemployment B) net exports C) supply and demand D) stock of capital
Which of the following is a distinguishing characteristic of oligopoly?
A) A large number of firms compete. B) Each firm's actions influence the profits of all the other firms. C) Firms are free to enter and exit the industry. D) Natural barriers cannot prevent the entry of new firms.
A college graduate earns nearly _____________ a person with just a high school diploma.
A. one-third more than B. half again as much C. two-thirds more than D. twice as much
If we include cash benefits and in-kind benefits available to low-income people, the share of the U.S. population in poverty
A. increases somewhat. B. drops dramatically. C. increases dramatically. D. does not change.