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\left(-\frac{2}{3}\right)^{3}\times \left(\frac{2}{3}\right)^{-2}
To multiply powers of the same base, add their exponents. Add 3 and 0 to get 3.
-\frac{8}{27}\times \left(\frac{2}{3}\right)^{-2}
Calculate -\frac{2}{3} to the power of 3 and get -\frac{8}{27}.
-\frac{8}{27}\times \frac{9}{4}
Calculate \frac{2}{3} to the power of -2 and get \frac{9}{4}.
-\frac{2}{3}
Multiply -\frac{8}{27} and \frac{9}{4} to get -\frac{2}{3}.