In a _____ Exchange Rate System the Government or Central

question 15

Multiple Choice

In a _____ exchange rate system the government or central bankers intervene to keep the exchange rate virtually steady.

• A)fixed
• B)market driven
• C)managed float
• D)forward

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Definitions:

UV Spectrum

The part of the electromagnetic spectrum that encompasses ultraviolet light, used in studying molecular structures and chemical properties.

1,5-hexadiene

A linear diene compound with six carbon atoms and two double bonds located at the 1st and 5th carbon atoms.

π Transition

A type of electronic transition in molecules involving the excitation of an electron in a pi (π) bond to a higher energy state.

Photon

A quantum of light or electromagnetic radiation, carrying energy proportional to the radiation frequency but with zero rest mass.