The Bretton Woods conference in 1944 established the gold standard, which was abandoned in 1971

Using real GDP on the horizontal axis instead of real disposable income implies that a marginal propensity to consume 0.75 generates for every additional $100 of real GDP

A) $25 of additional saving. B) $56.25 of additional consumption spending. C) $25 of additional saving and taxes. D) $75 of additional real disposable income.

List the economic functions of governments

What will be an ideal response?