If a Country's Currency Is Determined Only by the Demand

question 39

Multiple Choice

If a country's currency is determined only by the demand and supply for that country's currency,the country is said to have a

• A)floating exchange rate.
• B)fixed exchange rate.
• C)gold standard.
• D)managed float.

---

Definitions:

Expectancy

A mental representation of event contingencies.

Causal Attribution

The process of inferring causes for observed behavior, often relating to how individuals explain their own or others' behaviors.

Seligman

Refers to Martin E. P. Seligman, a psychologist known for his work on learned helplessness, positive psychology, and wellbeing.

Personal-Universal

Refers to a concept or phenomenon that is deeply individual yet simultaneously relevant across a wide range of people, transcending personal experiences to touch upon universal themes.