Economic Experience Since 1973 Indicates That, Under Floating Exchange Rates

question 104

Multiple Choice

Economic experience since 1973 indicates that, under floating exchange rates, symmetry

• A) was not attained.
• B) was attained almost immediately.
• C) was attained over time as central banks held more U.S. dollars as a reserve currency.
• D) has been difficult to measure and no consensus has emerged.
• E) has been attained in foreign countries, but not domestically.

---

Definitions:

Erect Heads

The physiological characteristic of holding the head up straight, often associated with alertness or attention.

Preterm

A term referring to babies born before 37 weeks of gestation, which are considered earlier than the full term of pregnancy.

Full Term

Refers to a pregnancy that has reached its natural completion, typically around 37 to 42 weeks, resulting in the birth of a newborn.

Cephalocaudal Pattern

A developmental principle where growth and skill development proceed from the head downward through the body.