An exchange rate is said to be "floating" when _____
a. currency speculators predict that the rate will vary widely
b. the rate changes depending on the dynamics of supply and demand
c. the rate is set by a government that exhibits frequent policy changes
d. the value of the currency is artificially bolstered by a high inflation rate
Correct Answer: b
Political Science
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The means by which citizens and social groups express their needs and demands to government is known as the process of
A. interest aggregation. B. interest articulation. C. communication. D. interest association.
Political Science
Public assistance programs are funded through
A. sales taxes. B. payroll taxes paid only by employees. C. payroll taxes paid by both employees and employers. D. payroll taxes paid only by employers. E. general tax revenues.
Political Science