Under the Gold Standard,if the U

question 77

Multiple Choice

Under the gold standard,if the U.S.dollar was fixed at $30/oz of gold and Japan was fixed at ¥75/oz of gold,what would be the Yen/dollar exchange rate?

• A) ¥2.50/$
• B) $2.50/¥
• C) ¥0.40/$
• D) ¥2250/$

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Definitions:

Explicit Memory

Explicit memory is a type of long-term memory that involves conscious recollection of factual information, previous experiences, and concepts.

Implicit Memory

A type of memory in which previous experiences aid in the performance of a task without conscious awareness of these previous experiences.

Method Of Loci

A mnemonic technique that involves associating items to be remembered with specific physical locations.

Distributed Practice

A learning strategy that involves spreading study sessions and practice over time rather than concentrating them closely together, enhancing retention.