​Under a Managed Float Exchange Rate System, the Fed May

question 55

Multiple Choice

​Under a managed float exchange rate system, the Fed may attempt to stimulate the U.S. economy by ____ the dollar. Such an adjustment in the dollar's value should ____ the U.S. demand for products produced by major foreign countries.

• A) ​weakening; increase
• B) ​weakening; decrease
• C) ​strengthening; increase
• D) ​strengthening; decrease

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Definitions:

Authorization Cards

Documents signed by employees to indicate their desire for a particular union to represent them in collective bargaining with an employer.

National Labor Relations Board

An independent federal agency in the United States that enforces US labor law in relation to collective bargaining and unfair labor practices.

Lockout

A lockout occurs when an employer denies employees access to the workplace.

Impasses

Situations in negotiations (often labor negotiations) where the parties involved are unable to reach an agreement, leading to a deadlock.