Which of the Following Is True of the Apartheid System

question 53

Multiple Choice

Which of the following is true of the Apartheid system?

• A)It refers to an official policy of economic isolation of the countries ruled by dictators by the United Nations.
• B)It refers to an official policy of racial segregation that was practiced in South Africa against anyone who was not white.
• C)It refers to an official policy of ostracization of the socially disadvantaged groups in the United States of America.
• D)It refers to an official policy of economic isolation of the countries averse to economic reforms by the World Trade Organization.
• E)It refers to an official policy of economic exploitation of the developing countries by the International Monetary Fund.

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Definitions:

Money Supply

The aggregate sum of funds available or in circulation within a nation.

M1

A category of the money supply that includes all physical money, such as coins and currency, as well as demand deposits, traveler's checks, and other checkable deposits.

Money

A medium of exchange that facilitates transactions, serving as a unit of account, a store of value, and sometimes, a standard of deferred payment.

Reserve Rate

The fraction of depositors' balances banks must have on hand as cash, a requirement determined by the central bank.