The Exchange Rate System Agreed to in 1944,in Which the U.S.government

question 68

Multiple Choice

The exchange rate system agreed to in 1944,in which the U.S.government agreed to buy or sell gold at a fixed price of $35 per ounce,is referred to as

• A)the gold standard.
• B)the Bretton Woods System.
• C)a floating currency standard.
• D)a flexible exchange rate system.

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Definitions:

Id

In psychoanalytic theory, the part of the mind responsible for instinctual impulses and demands for immediate satisfaction of basic needs.

Ego

In psychoanalytic theory, the part of the personality that mediates between the demands of the id, the superego, and reality.

Self-Concept

An individual's awareness and perception of their own personality traits, abilities, and characteristics, forming the basis of their self-identity.

Incongruence

The disparity between an individual's self-image and actual experiences, often leading to psychological discomfort.