Which of the Following Statements Is True About the Changes

question 62

Multiple Choice

Which of the following statements is true about the changes in the world monetary system since March 1973?

• A)The value of the U.S.dollar has never seen a fall ever since.
• B)Exchange rates have become much more volatile.
• C)Exchange rates have become more predictable.
• D)The fixed rate system was adopted to calculate exchange rates.
• E)The European Monetary System as an institution has gained more prominence.

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Definitions:

Cerebellum

A part of the brain located at the back of the skull, primarily responsible for coordinating movement and balance.

Cathartic Method

A therapeutic technique that involves the expressing or releasing of repressed emotions and impulses to relieve psychological tension.

Anesthesia Therapy

The use of drugs to induce a state of temporary loss of sensation or awareness, typically used during surgical procedures to ensure patient comfort.

Mesmer

An 18th-century physician known for developing a theory of animal magnetism and for his contribution to the field we now call hypnotism.