If the Band of Allowed Fluctuation Under a Fixed Exchange

question 3

Multiple Choice

If the band of allowed fluctuation under a fixed exchange rate system is made very wide,the system will resemble:

• A)a flexible exchange rate system
• B)the gold standard
• C)an adjustable peg
• D)a crawling peg

---

Definitions:

Charles Darwin

A British naturalist and biologist known for his theory of evolution and the process of natural selection.

Genetics

The study of heredity and the variation of inherited characteristics.

Transmitting Characteristics

The process of passing genetic traits or cultural attributes from one generation to the next.

Genetically

Pertaining to genes and the transfer of characteristics from parents to offspring through DNA in the process of inheritance.