Under the gold standard of currency exchange that existed from 1879 to 1914, an ounce of gold cost $20.67 in U.S. dollars and £4.2474 in British pounds. Therefore, the exchange rate of pounds per dollar under this fixed exchange regime was
The former European Community (EC) countries agreed in March…
The former European Community (EC) countries agreed in March 1979 to set up an European Monetary System (EMS), within which exchange rates would be kept nearly fixed. If Germany had decided to increase interest rate to fight against inflation, interest rates in other EMS countries would have to __________ in order to keep the exchange rate fixed.
If expected inflation is 20% and the real required return is…
If expected inflation is 20% and the real required return is 10%, then the Fisher effect says that the nominal interest rate should be exactly
Political Action Committees give most of their money to ____…
Political Action Committees give most of their money to __________.
Which statement(s) reflect t the recent Supreme Court ruling…
Which statement(s) reflect t the recent Supreme Court ruling about presidential immunity? Choose all that apply
The ability of a president to use the prestige and visibilit…
The ability of a president to use the prestige and visibility of the office to persuade other political actors (Congress, etc) or influence public opinion is known as the “bully pulpit”.
In his concurring opinion in the Youngstown case, Justice Ja…
In his concurring opinion in the Youngstown case, Justice Jackson argued that the president’s power is at its highest when he acts in opposition to what Congress wants.
A Super Pac may contribute an unlimited amount of money to a…
A Super Pac may contribute an unlimited amount of money to a candidate for office.
President Bush’s declaration in 2005 that he would waive the…
President Bush’s declaration in 2005 that he would waive the ban on torturing detainees if it interfered with the “war” on terror was done via
Three times a day is abbreviated as _____.
Three times a day is abbreviated as _____.