Blackboard QUESTION 17 The Bretton Woods Agreement: O a included the IMF, the Wo

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Blackboard QUESTION 17 The Bretton Woods Agreement: O a included the IMF, the World Bank and established the gold exchange standard b.failed O c was ignored O d was in effect from 1973 until the OPEC price increases Oe none of the above QUESTION 18 Monetary policies: o a are established by the IMF for all member countries b are used to control the size and growth rate of a country's money supply by changing interest rates or the central banks buying and selling govemme securities or setting reserve requirements (% of deposits banks must hold) C are of little interest to business d are to encourage trade QUESTION 19

Explanation / Answer

Question 17: option a

Included the IMF, the world bank and established the gold exchange standard.

Question 18: option b

Monetary policies are used to control the size and growth rate of a country's money supply by changing interest rates or the central bank buying and selling government securities or selling reserve requirements.

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