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

question 5

Multiple Choice

In response to the overvalued dollar in the early 1970s,the German Bundesbank bought dollars and sold marks to keep the exchange rate fixed,gaining international reserves. The huge purchase of international reserves meant that the German monetary base began to ________,leading to ________ growth in the German money supply.

• A)decline;sluggish
• B)decline;rapid
• C)grow;sluggish
• D)grow;rapid

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Definitions:

Nuclear Explosion

An immensely powerful explosion resulting from the sudden release of energy upon the splitting (fission) or merging (fusion) of atomic nuclei, used both as weapons and in certain scientific applications.

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Common name for certain insects of the order Blattodea, known for their resilience and tendency to inhabit human dwellings.

Career Choice

The decision-making process regarding one's professional path or occupation, often based on interests, qualifications, and market demand.

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A global issue characterized by a lack of access to sufficient, nutritious food necessary for a healthy life.