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Zielflug [23.3K]
3 years ago
12

Breton Woods Standards were found to be inadequate mainly because?

Business
1 answer:
vodomira [7]3 years ago
3 0

Answer:

A key reason for Bretton Woods' collapse was the inflationary monetary policy that was inappropriate for the key currency country of the system.

Explanation:

The US decision to suspend gold convertibility ended a key aspect of the Bretton Woods system. The remaining part of the System, the adjustable peg disappeared by March 1973.

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The government sets a price ceiling for a monopoly that is below the​ profit-maximizing price but above the level at which the​
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As a result of the price​ ceiling, the monopolist will "produce more than the monopoly level of output ".


The monopolist's profit maximizing level of output is found by likening its marginal revenue with its marginal cost, which is a similar benefit maximizing condition that a splendidly focused firm uses to decide its equilibrium level of output.


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Exports of tin and silver were the mainstays of the _______ economy for many decades. However, today, as the market for tin has
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Suppose two athletes each sign 10-year contracts for $80 million. In one case, we’re told that the $80 million will be paid in 1
marusya05 [52]

Answer:

The athlete with equal installments got the better deal.

Explanation:

Two athletes each sign 10-year contracts for $80 million.

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In the other case, the $80 million will be paid in 10 installments, but the installments will increase by 5 percent per year.

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But the one with increasing installments will get smaller payments initially as his payments were to be increased by 5% each year.

Though the total value of both the annuities will remain the same.

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Olin [163]

Answer:

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