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Explain the basis of the Supreme Court's decision in Brown v. Board of Education of Topeka and efforts of the Supreme Court to ensure integration of schools in subsequent decades.
Fixed Exchange-rate System
A currency system where the value of a country's currency is pegged to another currency, a basket of currencies, or a commodity like gold.
Central Bank
An institution that manages a country’s currency, money supply, and interest rates, often overseeing the commercial banking system of their country or monetary union.
Foreign-exchange Reserves
Assets held on reserve by a central bank in foreign currencies, used to back liabilities and influence monetary policy.
Flexible Exchange-rate System
An exchange rate regime in which a currency's value is allowed to fluctuate according to the foreign exchange market.
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