Between 2000 and 2005, China Pegged Its Currency to the Dollar

question 104

Multiple Choice

Between 2000 and 2005, China pegged its currency to the dollar by

• A)selling dollars in the foreign exchange market.
• B)buying the Chinese currency in the foreign exchange market.
• C)decreasing its holdings of dollar reserves and increasing its holdings of domestic currency.
• D)increasing its holdings of dollar reserves and decreasing its holdings of domestic currency.
• E)doing nothing.

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Definitions:

Taste Aversion Studies

Research that examines how animals and humans learn to avoid food that has been associated with illness or discomfort.

Prepared Associations

Pre-existing tendencies in animals, including humans, to easily learn certain associations compared to others, due to evolutionary adaptations.

Unprepared

Not ready or adequately equipped to handle a particular task or situation.

Generalized Reinforcer

A reinforcing stimulus that has obtained its reinforcing properties through association with other reinforcers.