Which of the Following Is a Reason Why Nations Began

question 41

Multiple Choice

Which of the following is a reason why nations began abandoning the gold standard in the 1930s?

• A) World supply of gold dropped drastically in the 1930s, severely limiting a country's ability to increase its money supply.
• B) Imbalances in a country's balance of payments can be corrected only through changes in the entire economy.
• C) In order to correct imbalances in its balance of payments, a country was forced on its trading partners to intervene in currency markets.
• D) Some nations started hoarding gold in order to manipulate relative exchange rates.

Examine the ethical questions surrounding emerging healthcare technologies and practices.

Understand the concept of discounting the face value of a loan and how it affects the borrower's proceeds.

Calculate the amount of discount and proceeds for various loans.

Determine the actual interest rate based on proceeds rather than the face value using different day counts (365-day and 360-day years).

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Definitions:

Vertical Mergers

Mergers between companies in different stages of production or distribution within the same industry.

Conglomerate Mergers

A type of merger where firms from unrelated business sectors combine to form a larger entity.

Antitrust Policy

Regulations and laws intended to prevent monopolies and promote competition among businesses.

Economists

Are professionals who study how societies use scarce resources to produce valuable commodities and distribute them among different people.