An aspect of the Bretton Woods agreement was a commitment not to use:
A. the system of fixed exchange rates.
B. devaluation as a weapon of competitive trade policy.
C. gold as a measure to fix the value of currencies.
D. funds from the International Monetary Fund and the World Bank.
E. the U.S. dollar as a reference currency.
B
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GASB standards require that any fund that does not meet the specified criteria to be considered a major fund must be reported as part of a single column under the label nonmajor fund.
a. true b. false
An argument that supports a regulated minimum capital requirement is that banks that hold too little capital
A) are unprofitable. B) impose costs on other banks because they are more likely to fail. C) have an unfair competitive advantage over savings and loans. D) includes all of the above.