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 217 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?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

History of the number of observed sunspots during the last 250 years, which shows the ~11-year solar History of the number of observed sunspots during the last 250 years, which shows the ~11-year solar
Concept map of disease and immune system Concept map of disease and immune system
Role-Playing a Situation in Which a Patient Is Frightened, Angry, or Anxious Role-Playing a Situation in Which a Patient Is Frightened, Angry, or Anxious
How our participation in social groups shapes our self-concept is a focus of symbolic ... How our participation in social groups shapes our self-concept is a focus of symbolic ...
VALUATION CONCEPT & METHODOLOGIES VALUATION CONCEPT & METHODOLOGIES
Number chart Number chart
Video: Protein Secondary and Tertiary Structures - Animation

For a complete list of videos, visit our video library