Under the Bretton Woods System,when a Country Adopted an Expansionary

question 89

Multiple Choice

Under the Bretton Woods system,when a country adopted an expansionary monetary policy,thereby causing a balance of payments ________,the country would eventually be forced to implement ________ monetary policy.

• A)deficit;expansionary
• B)deficit;contractionary
• C)surplus;expansionary
• D)surplus;contractionary

---

Definitions:

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.

Return on Common

A measure of the profitability relative to shareholders' equity, specifically for common stockholders.

Policy Decisions

Major choices or judgments made by a business, government, or other organization that establish principles or courses of action.

Corporation

A business organized as a separate legal entity owned by stockholders.