Author Question: If the U.S. dollar is pegged to gold, then A) the Federal Reserve must adjust the supply of U.S. ... (Read 55 times)

Mr. Wonderful · **on:** Jun 30, 2018

If the U.S. dollar is pegged to gold, then

A) the Federal Reserve must adjust the supply of U.S. dollars when the price of gold changes.
B) the government must buy and sell gold reserves when the price of the dollar changes.
C) the U.S. dollar will not change in value since the price of gold is constant.
D) the U.S. dollar would become more valuable than the Euro.

Question 2

Which of the following organizations was NOT the result of the Bretton Woods Conference in 1944?

A) the League of Nations
B) the General Agreement on Tariffs and Trade
C) the International Monetary Fund
D) the International Bank for Reconstruction and Development