The Bretton Woods Conference:
a. established a system of fixed exchange rates.
b. established a system of flexible exchange rates.
c. established a dirty float exchange rate system.
d. did none of the above.
a
Economics
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If the required reserve ratio is 20 percent and a bank has $100,000 in checkable deposits, then its: a. required reserves are $500,000. b. required reserves are $20,000. c. assets are $500,000
d. liabilities are $500,000. e. net worth is $500,000.
Economics
Refer to the figure below.________ inflation will eventually move the economy pictured in the diagram from short-run equilibrium at point ________ to long-run equilibrium at point ________, 
A. Rising; B; C B. Falling; A; C C. Falling; A; B D. Rising; A; C
Economics