In Response to the Overvalued Dollar in the Early 1970s,the

question 103

Multiple Choice

In response to the overvalued dollar in the early 1970s,the German Bundesbank bought ________ and sold ________ to keep the exchange rate fixed,gaining international reserves.

• A)marks;dollars
• B)marks;pounds
• C)dollars;marks
• D)dollars;pounds

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Definitions:

Steven Pinker

Steven Pinker is an influential Canadian-American cognitive psychologist, linguist, and popular science author known for his works on language and the human mind.

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A public research university located in Charlottesville, Virginia, known for its historic foundation, academic rigor, and beautiful campus.

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