Separating Politics from Administration Is Best Described by What Term

question 47

Multiple Choice

Separating politics from administration is best described by what term?

• A) politics-administration dichotomy
• B) common sense
• C) Wilson's Declaration
• D) Goodnow's Promise

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Definitions:

Gold Standard

An economic setup where the worth of paper money or a country's currency is directly connected to the value of gold.

Fixed Exchange Rates

A government or central bank policy to maintain the country’s currency at a constant value relative to another currency or a benchmark.

Floating Exchange Rates

A currency valuation system where the value of a currency is determined by the foreign exchange market based on supply and demand relative to other currencies.

Gold Standard

A monetary system in which the value of currency is directly linked to gold, whereby currencies can be exchanged for a specific amount of gold.