If a national currency is convertible, this means that __________

A) it has flexible values
B) it can be exchanged for another currency
C) citizens can use several different currencies to purchase domestic goods
D) its value floats between upper and lower limits


Answer: B

Political Science

You might also like to view...

A nation’s ________ constitution reflects its traditional ways of conducting social, economic, and political business, and it originates in a community’s history.

Fill in the blank(s) with the appropriate word(s).

Political Science

Moving to renewable resources and reducing greenhouse gases while creating jobs is called the __________

a. "green economy" b. "Better World Plan" c. "Eyes of Nye" d. "Democratic platform"

Political Science

Women are approximately 50% of the legislature because term limits have created regular opportunities for them to run for office.

Answer the following statement true (T) or false (F)

Political Science

When responding to the economic downturn that afflicted the nation at the beginning of his first term, President Obama drew on the logic of

A) ?the New Deal and the preamble to the U.S. Constitution. B) ?the Bill of Rights. C) ?the Reinvest in State Parties Act. D) domestic tranquility philosophy. E) ?the Great Depression provisions of the U.S. Constitution.

Political Science