Under the Bretton Woods exchange rate system, ________ could sell ...

[SGallaher96]

Under the Bretton Woods exchange rate system, ________ could sell their dollars to the American government in exchange for gold.
 
  A) American citizens B) foreign central banks
  C) foreign citizens D) all of the above

Question 2

Refer to Figure 3-8. The graph in this figure illustrates an initial competitive equilibrium in the market for motorcycles at the intersection of D1 and S1 (point A). If there is a surplus of motorcycles how will the equilibrium point change?
 
  A) The equilibrium point will move from A to B.
  B) There will be no change in the equilibrium point.
  C) The equilibrium point will move from A to C.
  D) The equilibrium point will move from A to E.

[Bison]

Answer to Question 1

B

Answer to Question 2

B

[SGallaher96]

TYSM

[bdobbins]

Excellent