Which of the Following Is Characteristic of the Fixed Exchange

question 88

Multiple Choice

Which of the following is characteristic of the fixed exchange rate system?

• A) utilized by most advanced economies
• B) rates based on supply and demand forces
• C) The value of currency is set relative to the value of another.
• D) allows for monetary policy flexibility

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Present

The period of time that is currently occurring, distinguished from the past and the future.

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