A Country Under a Fixed Exchange Rate System and Running

question 153

Multiple Choice

A country under a fixed exchange rate system and running a large trade __________ tends to attract speculative attacks against its currency,because the currency traders deem the currency to be ___________.

• A) surplus;undervalued
• B) surplus;overvalued
• C) deficit;undervalued
• D) deficit;overvalued
• E) deficit;at its fundamental equilibrium value

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Definitions:

Private Employers

Individuals or entities that operate businesses or organizations not owned or controlled by the government, employing staff in the private sector.

ADEA

The Age Discrimination in Employment Act, a US federal law that aims to protect workers and job applicants who are 40 years of age or older from employment discrimination.

Sexual Orientation

Sexual Orientation is an enduring pattern of emotional, romantic, or sexual attractions to men, women, both sexes, neither sex, or another sex.

Title VII

Part of the Civil Rights Act of 1964 that prevents discrimination in hiring based on an individual's race, skin color, religious creed, gender, or nationality.