In Developing Countries, Exchange Rates Tend to Be

question 85

Multiple Choice

In developing countries, exchange rates tend to be

• A) floating with some government intervention.
• B) pegged.
• C) hard to tell from the data.
• D) run by currency boards.
• E) flexible.

---

Definitions:

Personal Causation Hypothesis

A theory suggesting that individuals perceive their actions as being the result of their own choice and thus feel responsible for the outcomes.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow regarding the concept that human motivation is based on fulfilling a hierarchy of needs, starting from basic physical requirements to more advanced needs of self-actualization.

Physiological

Refers to the normal functions of living organisms and their parts.

Safety

The condition of being protected from or unlikely to cause danger, risk, or injury.