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The Nixon Shock refers to a series of economic measures enacted by U.S. President Richard Nixon in 1971, which included the suspension of the dollar's convertibility into gold. This decision effectively ended the Bretton Woods system of fixed exchange rates, leading to a shift towards floating currencies. The Nixon Shock aimed to combat inflation and stabilize the U.S. economy, but it also resulted in significant changes to international monetary policy and global economic dynamics.

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Which of the following developments became known as the Nixon shock in the 1970s?

The United States ended the conversion of U.S. dollars to gold


Who got rid of the gold standard?

President Richard Nixon in 1971 using an act known as the Nixon Shock.


The term Nixon shock describes which of the following actions?

Nixon's decision to end the U.S. dollar's convertibility to gold


What was the Nixon Shock in the 1970?

The United States ended the conversion of U.S. dollars to gold


Which of these did not happen as a result of the Nixon Shock?

The U.S. dollar was formally changed to representative currency.


What are the ratings and certificates for Arrested Development - 2003 Shock and Aww 1-14?

Arrested Development - 2003 Shock and Aww 1-14 is rated/received certificates of: Argentina:13 Singapore:NC-16


What is shell shock called today?

The psychological problem known in WW I as shell shock is today known as post traumatic stress disorder.


What action did Nixon take that provided temporary relief from stagflation?

In 1971, President Richard Nixon implemented a series of economic measures known as the Nixon Shock, which included wage and price controls to combat stagflation. These controls aimed to curb inflation by freezing prices and wages temporarily, providing immediate relief to the economy. Additionally, Nixon suspended the convertibility of the dollar into gold, effectively ending the Bretton Woods system and allowing for greater monetary flexibility. While these actions provided short-term relief, they did not resolve the underlying issues contributing to stagflation.


The delivery of an electrical shock from an AED to the heart is known as?

Defibrillation


What are the release dates for Arrested Development - 2003 Shock and Aww 1-14?

Arrested Development - 2003 Shock and Aww 1-14 was released on: USA: 7 March 2004 Germany: 23 March 2007 Hungary: 23 October 2008


Is shock treatment legal?

Yes, shock treatment (also known as electro-convulsive therapy) is legal and is still performed by psychiatrists.


How does neurogenic shock affect body temperature?

Neurogenic Shock, which occurs when you injure your spinal cord, causes low temperature, a condition known as hypothermia.