The demand for health care is perfectly elastic

Under the Bretton Woods system, a country could alter its exchange rate

A) by changing its value relative to gold. B) whenever it determined that there was a fundamental disequilibrium. C) only when the IMF permitted due to a fundamental disequilibrium. D) under no circumstances.

Which of the following statements correctly characterizes the distribution of colonial wealth?

a. Colonial wealth was distributed equally across the population. b. While the distribution wealth was highly concentrated in the South, New England , the Middle colonies had very equal wealth distributions. c. Wealth inequality tended to be greatest in colonial cities. d. A permanent underclass of free poor people developed during the colonial period.