Which of the Following Are Advantages of Greater Exchange Rate

question 56

Multiple Choice

Which of the following are advantages of greater exchange rate flexibility?

• A)The alleviation of potential conflicts that arise between the internal balance and the external balance.
• B)The insulation of the domestic economy from economic shocks.
• C)An expansion abroad would have contractionary effects on the domestic economy.
• D)Both a and b
• E)Both a and c

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Definitions:

Transformational Leadership Theory

A leadership approach that causes change in individuals and social systems, inspiring followers to exceed their own interests for the good of the group or organization.

Charismatic Leadership

A leadership style characterized by the leader's ability to inspire and motivate followers through their charm and persuasive skills.

Implicit Leadership Theory

A theory that people have implicit beliefs and convictions about the attributes and behaviors that distinguish leaders from non-leaders.

Task-Oriented Leaders

Leaders who focus specifically on getting tasks completed efficiently and effectively, prioritizing the achievement of goals and productivity.