The Last Candidate for President Elected Without Party Competition Was

question 43

Multiple Choice

The last candidate for president elected without party competition was

• A)George Washington.
• B)James Monroe.
• C)Martin Van Buren.
• D)William Henry Harrison.
• E)Abraham Lincoln.

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Definitions:

Inflation Rate

The inflation rate is the percentage increase in the general price level of goods and services in an economy over a period of time.

Exchange Rate

The price of one country's currency in terms of another's, used in international trade and investment.

Spot Rate

The current market price at which a particular asset can be bought or sold for immediate delivery and payment.

Covered Interest Arbitrage

A strategy in which an investor uses a forward contract to hedge against exchange rate risk when investing in foreign interest-bearing instruments.