Some People Use the Word "Race" as an Explanation of the Quality

question 30

Multiple Choice

Some people use the word "race" as an explanation of the quality of a culture.What is their argument?

• A) They believe that "developed" nations are "white," while the "underdeveloped" nations are not.
• B) They believe that "underdeveloped" nations are white, while the "developed" nations are not.
• C) They maintain that, throughout history, "inferior races" had "inferior cultures."
• D) They maintain that the quality of a culture is very hard to measure.

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Definitions:

Goals Of Monetary Policy

The objectives pursued by a country's central bank, including controlling inflation, managing employment levels, and maintaining currency stability.

Time Deposits

A type of bank deposit that has a specified time of maturity and typically offers a higher interest rate than a savings account, with penalties for early withdrawal.

Reserve Requirements

Reserve requirements refer to the amount of funds that a bank must hold in reserve against deposits made by customers, set by central banks to ensure liquidity.

Excess Reserves

The amount of reserves that a bank holds beyond the required minimum, often held in the central bank to lend to other banks or as currency in circulation.