An Example of an Early African-American Organization That Emerged from the Repressive

question 30

Multiple Choice

An example of an early African-American organization that emerged from the repressive pattern of the late nineteenth century is

• A) the Black Panthers.
• B) the Nation of Islam.
• C) the National Urban League.
• D) All of the above are examples.

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Definitions:

Flexible Exchange-Rate System

A currency valuation system where the value of a currency is allowed to fluctuate in response to foreign exchange market mechanisms.

Foreign-Exchange Reserves

Stockpiles of foreign currencies maintained by a nation’s central bank. Obtained when the central bank sells local currency in exchange for foreign currency in the foreign exchange market.

Terms of Trade

This refers to the ratio at which a country's exports are exchanged for its imports, influencing the country's economic health.

Real Interest Rates

The interest rate adjusted for inflation, representing the true cost of borrowing and the real yield to lenders.