Of the Following,which Is NOT True About the Bretton Woods

question 56

Multiple Choice

Of the following,which is NOT true about the Bretton Woods System?

• A) It was established in 1965.
• B) It established a global currency system based on a gold standard with the U.S.dollar pegged at a fixed rate of exchange to gold in an effort to control inflation.
• C) The IMF was established under the Bretton Woods Agreement.
• D) Eventually,major nations met to consider abandoning the Bretton Woods Agreement.
• E) Under the Smithsonian Agreement,the U.S.devalued the dollar against other countries' currencies.

Understand the path of releasing hormones through the hypothalamohypophysial portal system.

Explain the control mechanism of hormone secretion by the anterior pituitary.

Understand the stimulus for hormone release from the posterior pituitary.

Describe the effects and regulation of ADH (antidiuretic hormone).

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Definitions:

Indistinguishable

Unable to be identified as different or distinct when compared to another.

Average Revenue

The amount of money a firm earns per unit of output sold, calculated by dividing total revenue by the quantity sold.

Marginal Cost

The increase or decrease in the total cost that arises when the quantity produced is incremented by one unit.

Average Total Cost

The total cost of production (fixed and variable costs combined) divided by the total quantity produced.