In effect, during the period immediately following World War II, the world was on a(n):
a. gold standard.
b. flexible-exchange-rate standard.
c. U.S. dollar standard.
d. exchange-rate standard dictated by Germany
e. pegged-exchange rate standard.
c
Economics
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Which of the following leads to the demanders paying all of a tax?
A) The supply is unit elastic. B) The supply is perfectly inelastic. C) The demand is perfectly elastic. D) The demand is perfectly inelastic.
Economics
The result that the growth rate of output per worker is equal to 1.43 × is ________
A) true of the Solow model only B) true of both the Solow model and the Romer model C) true of the Romer model only D) true under the common-law legal system only
Economics