The Bretton Woods System Lasted from

question 76

Multiple Choice

The Bretton Woods system lasted from

• A)1801 to 1861.
• B)1863 to 1914.
• C)1945 to 1971.
• D)1981 to 1993.

Understand how people rationalize problem behaviors through defense mechanisms.

Understand the concepts of frictional and structural unemployment and their causes.

Analyze the role and effects of public policy on various types of unemployment.

Differentiate between the natural rate of unemployment and cyclical unemployment.