Between 1834 and 1934, the United States Fixed the Dollar

question 63

Multiple Choice

Between 1834 and 1934, the United States fixed the dollar at $20.70 per ounce of gold and the United Kingdom pegged the pound at £4.25 per ounce. This yields a dollar-pound exchange rate of about:

• A) $2/£1.
• B) $0.205/£1.
• C) $88/£1.
• D) $4.87/£1.
• E) Not enough information is given.

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Definitions:

Olfactory Receptors

Specialized nerve cells located in the nasal cavity that are responsible for detecting odors and sending information to the brain for processing.

Chemoreceptors

Sensory receptor cells that respond to chemical stimuli, involved in senses like taste and smell and the regulation of breathing.

Cutaneous Receptor

Sensory receptors found in the skin that respond to various stimuli such as touch, pressure, temperature, and pain.

Pressure and Vibration

Sensations detected by the somatosensory system, allowing organisms to perceive mechanical stimuli such as touch and sound waves.