The Exchange Rate System Currently Used by the Industrially Advanced

question 179

Multiple Choice

The exchange rate system currently used by the industrially advanced nations is

• A)the gold standard.
• B)the Bretton Woods system.
• C)the managed float.
• D)a fixed rate system.

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Definitions:

Spontaneous Recovery

The reappearance of a previously extinguished conditioned response after a period of no exposure to the conditioned stimulus.

Discrimination

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Fixed-Interval Schedule

A schedule in which a fixed amount of time must elapse between the previous and subsequent times that reinforcement is available.

Variable-Interval Schedule

A schedule in which a variable amount of time must elapse between the previous and subsequent times that reinforcement is available.