A Fixed Exchange Rate System Where Central Banks Buy and Sell

question 76

Multiple Choice

A fixed exchange rate system where central banks buy and sell gold to keep exchange rates at a given level is called the:

• A)fixed standard.
• B)flexible standard.
• C)fiat standard.
• D)gold standard.

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Definitions:

Neurotransmitters

Chemical messengers that transmit signals across a chemical synapse, from one neuron (nerve cell) to another 'target' neuron, muscle cell, or gland cell.

Synaptic Vesicles

Small sacs in nerve cells that store neurotransmitters, which are released into the synaptic cleft to transmit nerve impulses.

Neuron

A nerve cell that is the basic building block of the nervous system, responsible for receiving and transmitting information.

Action Potential

A rapid rise and subsequent fall in voltage or electrical charge across a cellular membrane, signaling between neurons.