In Response to the Overvalued Dollar in the Early 1970s,the

question 103

Multiple Choice

In response to the overvalued dollar in the early 1970s,the German Bundesbank bought ________ and sold ________ to keep the exchange rate fixed,gaining international reserves.

• A)marks;dollars
• B)marks;pounds
• C)dollars;marks
• D)dollars;pounds

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Definitions:

Constant Internal State

The concept of maintaining a stable, consistent internal environment in an organism, also known as homeostasis.

An Instinct

An innate, typically fixed pattern of behavior in animals in response to certain stimuli that is unlearned.

An Instinct

A fixed, innate pattern of behavior in animals in response to certain stimuli.

Robins

Small, common songbirds known for their reddish-orange breasts and melodious songs.