Which of the Following Statements Is True

question 75

Multiple Choice

Which of the following statements is true?
i.The flexible and the floating exchange rate systems are equivalent.
ii.The fixed and managed exchange rate systems are equivalent.

• A) i) and ii) are both true
• B) i) is false and ii) is true
• C) i) is true and ii) is false
• D) i) and ii) are both false

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Definitions:

Patriotic Spirit

Refers to a sense of national pride and loyalty towards one’s country, often manifested through the celebration of national history, culture, and values.

Liberal Congress

Refers to a legislative body, typically of a country, that is dominated or influenced by liberal political ideologies, focusing on progress, reform, and the protection of individual rights.

Legal Discrimination

Involves the enactment and enforcement of laws that differentiate treatment of groups or individuals based on attributes like race, gender, or religion.

Civil Rights Act of 1964

The Civil Rights Act of 1964 is landmark U.S. legislation that outlawed discrimination based on race, color, religion, sex, or national origin, primarily in public accommodations and employment.