The Speculative Attack on the German Mark in 1971 Resulted

question 42

Multiple Choice

The speculative attack on the German mark in 1971 resulted in

• A)a large increase in the German monetary base.
• B)a decline in the value of the mark relative to the dollar.
• C)a decision to end the floating of the mark against the dollar.
• D)a large decrease in the German monetary base.

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