Which of the following was a reason that led to the collapse of the gold standard in 1939?
A. Difficulty and complexity in using the gold standard to determine the exchange rate
B. Agreement by governments to convert paper currency into gold on demand at a fixed rate
C. A cycle of competitive currency devaluations by various countries
D. Expansion in the volume of international trade in the wake of the Industrial Revolution
E. The inability of the gold standard to act as a mechanism for achieving balance-of-trade equilibrium by all countries
C
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The First Bank of the United States ceased operations because:
a. the need to provide financing for the Civil War was not supported by Congress b. of the opposition of state banking interests c. its charter had expired and there was no provision for its renewal d. both b and c
Wellness programs are good for employees and employers. Which of the following is a primary reason why employers choose to implement wellness programs?
A. Having programs available keeps employees from wanting other benefits. B. Employees put in more hours on a day-to-day basis. C. Healthcare costs are lowered when employees are more fit. D. The employer has better control over data about the employees' health.