Answer:
True
Explanation:
The fixed exchange rate came to an end in 1971 in the US.
Before 1971, the US currency value was tied to an ounce of gold. In 1971 the US economy was undergoing a recession. The US authorities bought all the gold value backing the dollar to end the recession. The dollar became a fiat currency.
The year also marked the beginning of the floating exchange system for the dollar.
C. Limited
If you have a small amount of product/resources that means that it is rare, and therefore more valuable.
For example, in the U.S. economy, there is a limited amount of currency, and that is what makes the currency valuable.
Or the better example, in a game like Minecraft, the resource "diamond ore," is only worth value to the player because it is a Limited resource, and it does not spawn often.
Hope this helps!
<span>About 3.8 million persons arrived in Italy during the period 1899 and 1924. This amount is far greater that the amount that left during that period.</span>
Answer:
<em>an option agreement.
</em>
Explanation:
The <em>option agreement</em> in the arena of financial derivatives <em>is a contract between two parties that gives one party the right, but not the obligation, to buy an asset from the other party or to sell an asset to the other</em>.
It outlines the agreed-upon price and the transaction's future date.
