A Managed Float Differs from a Dirty Float Because Under

question 108

True/False

A managed float differs from a dirty float because under a managed float exchange rates move as a result of central bank intervention and supply and demand, while a dirty float involves black market intervention.

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Definitions:

Eugenics

A controversial and largely discredited science aimed at improving the genetic quality of the human population, often associated with discriminatory and unethical practices.

Distributive Justice

The ethical principle concerned with the fair and equitable allocation of goods, resources, and rights among members of a society.

Scarce Supply

A situation where the availability of a particular resource or commodity is limited or not sufficient to meet demand.

Allocate Resources

The process of assigning available resources, typically in an organization, to specific tasks or projects to achieve efficiency and goals.