Answer :

Under a floating exchange rate system, a country's ability to expand or contract its money supply as it sees fit is limited by the need to maintain exchange rate parity.

United states1970

Americans celebrated the first Earth Day in 1970, and Congress passed the National Environmental Policy Act that same year. The Clean Air Act and the Clean Water Act followed two years later. The oil crisis of the late 1970s drew further attention to the issue of conservation.

The popular band "The Beatles" announces they have disbanded.

NASA's Apollo 13 Moon Mission returns to Earth successfully after abandoning its mission to the Moon after experiencing oxygen tank problems and an explosion.

The first jumbo-jet, the Boeing 747, makes its debut commercial flight from New York to London.

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