Under a System of Managed-Floating Exchange Rates with Heavy Exchange

question 28

Multiple Choice

Under a system of managed-floating exchange rates with heavy exchange rate intervention:

• A) Fiscal policy is successful in promoting internal balance,while monetary policy is unsuccessful
• B) Monetary policy is successful in promoting internal balance,while fiscal policy is unsuccessful
• C) Both fiscal policy and monetary policy are successful in promoting internal balance
• D) Neither fiscal policy nor monetary policy are successful in promoting internal balance

---

Definitions:

Authentic Leadership

A leadership style characterized by the leader’s genuine self-expression that is consistent with their inner thoughts and feelings, promoting trust and confidence among followers.

Positive Psychology

A branch of psychology focused on the study of positive human functioning and factors that contribute to a fulfilling and meaningful life.

Positive Organizational Behavior

A focus within organizational studies on the application of positively oriented human resource strengths and psychological capacities that can be measured, developed, and effectively managed.

Authentic Leadership

A leadership style characterized by genuine, transparent, and ethical leader behavior, promoting trust and fostering positive relationships with followers.