Compared with 100 Years Ago, the Number of Currencies Exchanged

question 27

Multiple Choice

Compared with 100 years ago, the number of currencies exchanged today is:

• A) dozens fewer.
• B) insignificant.
• C) many times more.
• D) the same.

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Definitions:

Monetary

Relating to money or currency, especially the management of money supply and interest rates by a government.

Supply-Side

Economic policies or conditions focused on increasing the supply of goods and services, typically involving tax cuts or incentives for producers.

New Classical Economists

Economists who advocate for the theory that markets are clear and that economic players always make rational decisions based on available information.

Keynesians

Economists and theories following John Maynard Keynes, focusing on the significance of demand for goods and services as the primary driving force in an economy.