Unlike private investors, governments are not allowed to intervene in the currency market to affect the value of their own currency

Martha is a 45-year-old single woman who lives in Chicago and works as a systems analyst. In response to a pollster question, she says she "opposes governmental intervention in both the economy and social issues." She is best defined as a

a. populist. b. conservative. c. liberal. d. independent. e. libertarian.

What are special drawing rights?

a. Known as "paper gold," SDRs are based on the value of five major Western currencies. They are to be used as a stop-gap measure to meet chronic balance of payment deficits by countries that have currency shortfalls. b. SDRs are the equivalent of petrodollars, and are used by OPEC countries to invest in Western industrialized states including the United States. c. Known as "Lenin's gold," SDRs were used by communist states to facilitate trade between each other. d. SDRs are the guarantees that are reached between states so that exporters of a particular product receive access to a state that imports that product under terms as favorable as the state whose exports are most favored.