One Argument Favouring a Fixed-Exchange-Rate System Is That It

question 40

Multiple Choice

One argument favouring a fixed-exchange-rate system is that it:

• A)allows monetary policy to be used for stabilizing output and prices.
• B)reduces exchange-rate uncertainty, thereby promoting more international trade.
• C)leads to excessive growth of the money supply.
• D)requires no actions on the part of the central bank to implement.

---

Definitions:

Career Paths

Structured sequences of job positions through which an individual can progress in an organization or profession, typically involving increased responsibility and skill development.

Internal Job Posting

A job posting open only to current employees within an organization, allowing them the opportunity to apply for a different position within the same company.

Career Options

The range of job paths or professional opportunities available to an individual based on their skills, interests, and qualifications.

Evaluation Criteria

The benchmarks or standards used to assess the quality, effectiveness, or performance of a project, employee, or system.