Author Question: The German central bank in the European Monetary System, 1979-1998 A) was very inflation-averse. ... (Read 76 times)

dakota nelson

  • Hero Member
  • *****
  • Posts: 604
The German central bank in the European Monetary System, 1979-1998
 
  A) was very inflation-averse.
  B) was moderately inflation-averse.
  C) was willing to accept inflation.
  D) lacked control over inflation since it had fixed its exchange rate.
  E) lacked sufficient reserves.

Question 2

Under Bretton Woods,
 
  A) any foreign country cannot devalue its currency against the dollar in conditions of fundamental disequilibrium.
  B) any foreign country could devalue its currency against the dollar in conditions of fundamental disequilibrium, but the system's rules did not give the United States the option of devaluing against foreign currencies.
  C) any foreign country could devalue its currency against the dollar in conditions of fundamental disequilibrium, and the system's rules did give the United States the same option of devaluing against foreign currencies.
  D) the U.S. could devalue its currency against the foreign currencies in conditions of fundamental disequilibrium.
  E) any foreign country can revalue its currency against the dollar in conditions of fundamental disequilibrium.



Natalie4ever

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

For a complete list of videos, visit our video library