The Collapse of the Fixed Exchange Rate System Has Been

question 41

Multiple Choice

The collapse of the fixed exchange rate system has been traced to the:

• A) U.S. macroeconomic policy package of 1965-1968.
• B) inflexibility of the fixed exchange rate system that led to high unemployment.
• C) Marshall Plan, under which the United States lent money heavily to European nations.
• D) failure of the International Monetary Fund to impose monetary discipline.
• E) increased taxes in the U.S. to finance its welfare programs.

---

Definitions:

Intrinsic Motivation

The drive to engage in activities for their own sake, deriving pleasure and satisfaction from the activity itself rather than external rewards.

Biological Motives

Innate drives stemming from biological needs that are essential for survival, such as hunger, thirst, and the need for sleep.

Avoiding Bad Grades

Strategies or actions taken to prevent receiving poor marks in academic assessments, usually involving studying, time management, and seeking help when needed.

Intrinsically Motivated

Pertaining to motivation driven by internal rewards or personal satisfaction rather than external factors.