The Confidence Problem of the Bretton Woods Systems Articulated by Robert

question 134

Multiple Choice

The confidence problem of the Bretton Woods systems articulated by Robert Triffin refers to

• A) the unwillingness of central banks to accumulate currency for fear of not being able to convert it to gold in case a run on the banks occurs.
• B) consumer fear of stock market instability.
• C) producer fear of rising wages.
• D) the lack of convertibility of gold into silver.
• E) low consumer spending because of balance of payment crises.

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Definitions:

Recovered Memories

Memories of past events that were blocked for some period, often traumatic in nature, which resurface later in life.

False Memories

Distorted or fabricated recollections of events that did not actually occur, often influenced by suggestion or the incorporation of new information.

Hypnosis

A trance-like state in which a person experiences heightened focus, concentration, and suggestibility, often used for therapeutic purposes.

Guided Imagery

A technique involving the use of mental images to help relax or positively influence one's physical or mental state.