Which of the Following Led to the Eventual Demise of the Fixed

question 31

Multiple Choice

Which of the following led to the eventual demise of the fixed currency exchange rate regime worked out at Bretton Woods?

• A) widely divergent national monetary and fiscal policies among member nations
• B) differential rates of inflation across member nations
• C) several unexpected economic shocks to member nations
• D) all of the above

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Definitions:

Centrifugal Switch

A switch sensitive to the speed of rotation, generally used to disconnect the start windings of a split-phase motor.

Disconnect Switch

A device used to completely de-energize a circuit for service or maintenance; it ensures the circuit is safe by physically disconnecting it from the power source.

Overload Switch

A protective device used to automatically cut off electrical power in case of an overload, preventing damage to the circuit.

Shaded-pole Induction Motor

A type of single-phase induction motor that uses shading coils around part of the pole to create a rotating magnetic field.