It Is Said That the Gold-Exchange System Was Programmed to Collapse

question 28

Multiple Choice

It is said that the gold-exchange system was programmed to collapse in the long run.To satisfy the growing need for reserves,the United States had to run balance-of-payments deficits continuously.Yet,if the United States ran perennial balance-of-payments deficits,it would eventually impair the public confidence in the dollar.This dilemma was known as the

• A) Triffin paradox
• B) Triffin dilemma
• C) Mundell paradox
• D) Mundell dilemma

Recognize the impact of organized crime on society and its historical development.

Identify the characteristics that distinguish professional robbers from amateur ones.

Distinguish between property crimes and violent crimes.

Explain the role of prohibition in the evolution of organized crime.

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Definitions:

Profits

The financial gain made in a transaction or business operation, calculated as the difference between revenue and expenses.

Employee Welfare

Programs and practices within an organization aimed at maintaining and improving the well-being and satisfaction of its employees.

Good Conditions

A term used to describe favorable or optimal circumstances or qualities, often related to products or environments.

Core Value

A fundamental belief or principle that is considered inherently important by an organization, guiding its behavior and actions.