An Exchange Rate System in Which Governments and Central Banks

question 15

Multiple Choice

An exchange rate system in which governments and central banks do not participate in the
Currency market is a(n)

• A) managed float system.
• B) free-floating exchange rate system.
• C) commodity standard system.
• D) fixed exchange rate system.

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Definitions:

Idea Evaluation

The systematic analysis of the potential, feasibility, and marketability of a new idea to determine its viability as a business opportunity.

Member Diversity

The range of differences among members of a group or team, including demographics, skills, experiences, and perspectives, which can influence group dynamics and outcomes.

Subgroups

Smaller groups formed within a larger group, often with common interests or characteristics distinguishing them from the larger group.

Team's Composition

The makeup or arrangement of individuals within a team, including their skills, roles, and diversity.