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Author Question: Under the Bretton Woods exchange rate system, ________ could sell their dollars to the American ... (Read 147 times)

SGallaher96

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on: Jun 29, 2018
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.


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Bison

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

B

Answer to Question 2

B


SGallaher96

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Reply 2 on: Jun 29, 2018
:D TYSM

parker125

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Reply 3 on: Yesterday
Excellent

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