Lecture 1 Flashcards by Asbjørn may | Brainscape

Q

International Monetary Systems

When was the Gold Standard effective?

A

1879 - 1913

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

International Monetary Systems

When was Bretton Woods effective?

A

1945 - 1971

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

International Monetary Systems

How can the USD, YEN, Euro etc. be described since 1979

A

as floating regimes

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

When was the Euro effective from?

A

1st January 1999: listed

1st January 2002: coins & bills

How well did you know this?

1

Not at all

2

3

4

5

Perfectly

Q

What is the formula for the change in debt-to-GDP?

A

d’ (B/Y) = (G-T)/Y + (r-g) * (B/Y)

How well did you know this?

1

Not at all

2

3

4

5

Perfectly