As the Only Currency That Could Be Converted into Gold

question 77

True/False

As the only currency that could be converted into gold, the British pound occupied a central place in the fixed exchange rate system up until 1973.

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Definitions:

Cognitive Processes

Mental activities involved in acquiring, processing, and storing knowledge.

Discrimination

Unfair or prejudiced treatment of individuals or groups based on characteristics such as race, gender, age, or sexual orientation.

Neutral Stimulus

A stimulus that initially does not elicit any intrinsic response until it is associated with an unconditioned stimulus in classical conditioning.

Conditioned Stimulus

A conditioned stimulus is a previously neutral stimulus that, after being associated with an unconditioned stimulus, elicits a conditioned response.