An Exchange Rate Regime Where a Country Slowly Adjusts the Maximum

question 60

Multiple Choice

An exchange rate regime where a country slowly adjusts the maximum and minimum values for the exchange rate is called a

• A) crawling peg.
• B) free float.
• C) currency board.
• D) none of the above.

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Definitions:

Valence

the intrinsic attractiveness or aversiveness of an event, object, or situation, often influencing individuals' motivation.

Equity Theory

A theory of motivation that suggests individuals assess their own input-to-outcome ratios in comparison to others as a measure of fairness in relationships or work situations.

Content Theory

A theory that focuses on identifying and understanding the specific needs that motivate individuals to act in various ways.

J. Stacy Adams

Is known for developing the Equity Theory of motivation, which explains how individuals assess their job satisfaction and motivation through perceived fairness in the workplace.