_____ Attempts to Establish a Fixed Exchange-Rate That Is Long-Lived

question 17

Multiple Choice

_____ attempts to establish a fixed exchange-rate that is long-lived by focusing on maintaining the fixed exchange-rate and holds only foreign-currency assets.

• A)A central bank
• B)A monetary union
• C)The IMF
• D)A currency board

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Definitions:

Sympathetic

Showing compassion, understanding, or concern towards others, often in situations where they are in distress.

Somatic

Somatic relates to the physical body as opposed to the mind, often used in contexts discussing bodily disorders without organic or physiological causes.

Autonomic

Relating to the autonomic nervous system, which controls involuntary body functions such as heartbeat and digestion.

Parasympathetic

The branch of the autonomic nervous system responsible for regulating the body's rest and digest functions, opposing the sympathetic system.