In what ways can private investors affect a currency's value? In what ways can a government's central bank affect the value of the state's currency? How are the role and the interests of the government different from that of a private investor?
What will be an ideal response?
Arbitrage is the selling of one currency (or product) and purchase of another to make a
profit on changing exchange rates. Profits are made by changes in the exchange rat,
which is the rate at which one state's currency is exchanged for another state's
currency in the global marketplace.
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A prominent cue that helps individuals recognize the preferences of others with whom they want to cooperate is called a(an) ______.
A. ideal point B. status quo ante C. focal point D. inversion point
What did the framers of the Constitution hope to avoid by establishing three separate but overlapping branches of government?
a. Tyranny b. Redundancy c. Inefficiency d. Ineffectiveness
Perestroika included all of the following goals EXCEPT
a. challenging the power of the nomenklatura. b. restructuring the Soviet economic system. c. initiating economic reforms. d. improving the efficiency of Soviet workers. e. relaxing media censorship.
The Senate has the authority to do all of the following EXCEPT
A) try cases of impeachment. B) declare laws unconstitutional. C) confirm executive branch appointments. D) confirm judicial branch appointments. E) ratify treaties.