Figure 30-7 -Refer to Figure 30-7. at What Level Should the Indian

question 14

Multiple Choice

Figure 30-7
-Refer to Figure 30-7. At what level should the Indian government peg its currency to the dollar to make U.S. imports cheaper in India?

• A) greater than $.02/rupee
• B) less than $.02/rupee
• C) equal to $.02/rupee
• D) $1/rupee

---

Definitions:

Dr. Francis Townsend

Dr. Francis Townsend was an American physician who was best known for his advocacy of the Townsend Plan, a proposal that led to the creation of the Social Security system in the United States, aimed at supporting the elderly through pensions.

Supreme Court

The highest federal court in the United States, with ultimate appellate jurisdiction over all federal and state court cases involving issues of federal law.

United States v. Butler

A 1936 Supreme Court case that ruled the Agricultural Adjustment Act (AAA) unconstitutional, challenging the limits of federal power in regulatory and taxing activities.