Critics of the Current System of Flexible Exchange Rates Allege

question 183

Multiple Choice

Critics of the current system of flexible exchange rates allege that it

• A)promotes inflation
• B)promotes unemployment
• C)gives central banks too little discretion over their money supplies
• D)restricts the growth of developing countries
• E)gives too much financial power to industrial countries

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Definitions:

Fluke-Platyhelminthes

A class of parasitic flatworms within the Phylum Platyhelminthes, including liver flukes and blood flukes, affecting various hosts.

Calcium Crystals

Mineral deposits found in various tissues of the body, often in bones and teeth, contributing to their hardness.

Silica Crystals

Rigid, crystalline structures made of silicon dioxide (SiO2), found in nature as quartz and used industrially and scientifically for various applications.

Spicules

Small, spike-shaped structures found in certain animals like sponges, serving as a skeletal element.