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In a Flexible Exchange Rate System, Currencies Appreciate or Depreciate

question 75

True/False

In a flexible exchange rate system, currencies appreciate or depreciate in order to achieve market equilibrium.


Definitions:

Brady-

A prefix used in medical terminology to denote a slowness in rate or frequency, such as in bradycardia (slowness of the heart rate).

Hyper-

A prefix denoting above normal, excessively high, or increased in quantity.

Hypo-

A prefix denoting below, under, or less than normal, often used in medical terms to indicate a deficient or decreased state.

Angi/o

is a prefix related to blood vessels or lymph vessels.

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