When Exchange Rates Are Flexible,they Are

question 50

Multiple Choice

When exchange rates are flexible,they are

• A)Determined by proclamation of the monetary authorities of a country.
• B)Determined by the relative levels of gold reserves.
• C)Permitted to vary with changes in supply and demand in the foreign exchange market.

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Definitions:

Intense Dread

A feeling of extreme fear or apprehension about something that might happen or is happening.

Shortness of Breath

A sensation of not being able to breathe well enough, which can be a symptom of various medical conditions, including asthma, heart disease, and anxiety.

Trembling

An involuntary shaking or quivering movement resulting from stress, fear, weakness, or illness.

Agoraphobia

A type of anxiety disorder characterized by an extreme fear of being in places or situations from which escape might be difficult.