The Major Advantage of Fixed Exchange Rates Is That _____

question 29

Multiple Choice

The major advantage of fixed exchange rates is that _____.

• A) is allows for free capital mobility
• B) it ensures exchange rate stability for importers and exporters
• C) central banks can exercise monetary policy discretion
• D) it increases the foreign exchange reserves with the central bank

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Definitions:

Prime Working Age

The age range typically considered most productive for work, often defined as between 25 and 54 years old.

Labor-Force Participation

The proportion of individuals within the working-age group who are either in employment or seeking employment actively.

Prime Working Age

Typically refers to the age group of individuals considered to be in their most productive years, often defined as ages 25 to 54 in economic studies.

Unemployment Rates

The percentage of the labor force that is jobless and actively seeking employment, serving as a key indicator of economic health.