__________ exchange rates exist when a government establishes official rates of exchange for its currency, whereas __________ exchange rates exist when exchange rates are determined by global currency markets.
A. Managed float; fixed
B. Fixed; floating
C. Floating; hard
D. Hard; managed float
Answer: B
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Which of the following statements best characterizes the nature of the conflict between presidents and Congress?
a. The conflict is a by-product of the weakening of American political parties. b. The conflict is integral to the design of the Constitution, deliberately intended by its authors. c. The conflict is a by-product of the recent polarization of the American party system. d. The conflict is a by-product solely of divided government.
The Great Depression launched the era of
a. dual federalism. b. cooperative federalism. c. competitive federalism. d. new federalism. e. new federalism.
Tacit negotiations send a message using direct diplomatic contacts
Indicate whether this statement is true or false.
The ages of rock concert-goers probably exhibit ________ than do the ages of attendees of a county fair
A) Less stability B) A wider range C) More variability D) Less variability Fill in the blank with the correct answer.