The main determinant of the discount rate on a privately issued ...

[TFauchery]

The main determinant of the discount rate on a privately issued bank note was:
 a. how long the issuing bank had been in operation.
  b. who was on the issuing bank's board of directors.
  c. the general reputation of the issuing bank.
  d. the distance of the issuing bank from the location where the note was being used.

Question 2

The Bretton Woods system:
 a. allowed for market-determined exchange rates.
  b. ended the use of the gold standard in all participating countries.
  c. led to a dramatic increase in the U.S. balance of payments deficit.
  d. resulted in the rapid increase of the U.S. gold supply in the 1960s.
  e. All of the above.

[blazinlyss]

Answer to Question 1

d. the distance of the issuing bank from the location where the note was being used.

Answer to Question 2

c. led to a dramatic increase in the U.S. balance of payments deficit.

[TFauchery]

Thank you

[blazinlyss]

No problemo