In the Case of Plessy V.Ferguson

question 90

Multiple Choice

In the case of Plessy v.Ferguson,

• A)housing discrimination was forbidden.
• B)the principle of "separate but equal" was overturned.
• C)school busing was allowed to remedy racial segregation.
• D)United States citizenship and all rights that go with it were granted to former slaves.
• E)the principle of "separate but equal" was used to justify segregation.

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Definitions:

Spot Exchange Rates

Refers to the current exchange rate at which currencies can be traded immediately or on the spot.

Overvalued Currency

A currency whose value is higher than its actual demand or economic fundamentals justify.

Non-Performing Loan

A loan in which the borrower is in default and has not made scheduled payments of principal or interest for a certain period, typically 90 days.

FX Swaps

The simultaneous purchase and sale of a given amount of currency at two different rates.