Author Question: In what year was the Bretton Woods system of currency exchange set up? A) 1912 B) 1924 C) 1944 D) ... (Read 92 times)

ssal · **on:** Jun 29, 2018

In what year was the Bretton Woods system of currency exchange set up?

A) 1912 B) 1924 C) 1944 D) 1969

Question 2

Refer to Figure 16-1. Suppose the economy is in short-run equilibrium above potential GDP and wages and prices are rising.

If contractionary policy is used to move the economy back to long run equilibrium, this would be depicted as a movement from ________ using the static AD-AS model in the figure above.
A) D to C B) A to E C) C to B D) B to A E) E to A

robbielu01 · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

C

Answer to Question 2

C

ssal · **Reply #2 on:** Jun 29, 2018

Thank you

robbielu01 · **Reply #3 on:** Jun 29, 2018

No problemo

Author Question: In what year was the Bretton Woods system of currency exchange set up? A) 1912 B) 1924 C) 1944 D) ... (Read 92 times)

ssal

In what year was the Bretton Woods system of currency exchange set up? A) 1912 B) 1924 C) 1944 D) ...

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robbielu01

In what year was the Bretton Woods system of currency exchange set up? A) 1912 B) 1924 C) 1944 D) ...

ssal

In what year was the Bretton Woods system of currency exchange set up? A) 1912 B) 1924 C) 1944 D) ...

robbielu01

In what year was the Bretton Woods system of currency exchange set up? A) 1912 B) 1924 C) 1944 D) ...