Which of the Following Applies to a Managed Float System

question 48

Multiple Choice

Which of the following applies to a managed float system?
I. Governments and central banks seek to influence exchange rates by buying or selling
Their own currencies.
II. The exchange rates are allowed to float, but their values are influenced by governments.
III. Governments intervene to prevent large and sudden swings in the exchange rate.

• A) II and III only
• B) I and II only
• C) I and III only
• D) I, II, and III

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Definitions:

Organic Product(s)

Compounds containing carbon that are outcomes of chemical processes.

Reaction

An interaction among substances that results in the creation of new substances, each with unique chemical formulas and properties.

Organic Product(s)

Chemical compounds consisting primarily of carbon and hydrogen, which are the result of organic reactions.

Organic Product

A compound or material derived from living organisms or containing carbon atoms.