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Author Question: The Bretton Woods exchange rate system was replaced by a gold standard. Indicate whether the ... (Read 115 times)

CORALGRILL2014

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on: Jun 29, 2018
The Bretton Woods exchange rate system was replaced by a gold standard.
 
  Indicate whether the statement is true or false

Question 2

The private sector balance is saving ________ investment. If saving exceeds investment, a private sector ________ is lent to other sections. If investment exceeds saving, borrowing from other sectors finances a private sector ________.
 
  A) minus; deficit; surplus
  B) plus; surplus; deficit
  C) minus; surplus; deficit
  D) plus; deficit; deficit
  E) minus; surplus; surplus


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jgranad15

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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


CORALGRILL2014

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

chereeb

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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