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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The "kinked" oligopoly demand curve is a result of the assumption by an oligopolist that:
a. price increases will be matched, but price reductions will not. b. price increases will not be matched, but price reductions will. c. both price increases and price reductions will be matched. d. neither price increases, nor price reductions will be matched.
Economics
The program that was created to provide rebates of Social Security taxes to low-income workers is
A) Supplemental Security Income. B) food stamps. C) Earned Income Tax Credit program. D) TANF.
Economics