This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The dollar overhang concept refers to the situation when a. the number of dollars held in foreign ... (Read 271 times)

jake

  • Hero Member
  • *****
  • Posts: 538
on: Sep 4, 2018
The dollar overhang concept refers to the situation when
 
  a. the number of dollars held in foreign hands grew much faster than the supply of gold backing them.
  b. the U.S. government controlled most of the dollars in circulation.
  c. a large amount of dollars were being held by the International Monetary Fund.
  d. countries were redeeming the dollar for gold at the set price of 35 per ounce.

Question 2

The International Monetary Fund was created during the Bretton Woods system in order to
 
  a. oversee the fixed exchange rate policy.
  b. lend money for long-term development projects.
  c. regulate global financial flows.
  d. lend money for a country's shortterm imbalances.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jasonq

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Sep 4, 2018
Answer to Question 1

a

Answer to Question 2

d


jake

  • Hero Member
  • *****
  • Posts: 538
Reply #2 on: Sep 4, 2018
Thank you!


jasonq

  • Sr. Member
  • ****
  • Posts: 335
Reply #3 on: Sep 4, 2018
Always glad to help...


« previous next »
 

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

A guinea pig being held A guinea pig being held
Norman Bel Geddes, with Dr. Otto Koller, Air Liner Number 4. Norman Bel Geddes, with Dr. Otto Koller, Air Liner Number 4.
Temperament refers to stable differences in the emotional reactions of different children to similar ... Temperament refers to stable differences in the emotional reactions of different children to similar ...
An agglutination reaction. Antigen-coated latex beads are held together by antibody. In a direct ... An agglutination reaction. Antigen-coated latex beads are held together by antibody. In a direct ...
VALUATION CONCEPT & METHODOLOGIES VALUATION CONCEPT & METHODOLOGIES
Determination of the Number of Polygenes (n) Determination of the Number of Polygenes (n)
Video: How to make cDNA Animation

For a complete list of videos, visit our video library