The Bretton Woods System

question 53

Multiple Choice

The Bretton Woods system

• A)established fixed par values for currencies in terms of gold.
• B)was to be a system of adjustable pegs to the dollar.
• C)expected countries with persistent surpluses to devalue their currencies.
• D)was after the Great Depression in order to end the downturn.

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Definitions:

Propel Behaviour

The motivation or drive behind actions that move an individual towards certain goals or outcomes.

Leptin

A hormone produced by fat cells that regulates energy balance by inhibiting hunger.

Arcuate Nucleus

A nucleus in the hypothalamus involved in the regulation of many physiological processes, including appetite and fertility.

Modulation

The process of varying a property of a waveform, such as its amplitude or frequency, to encode information.