Which of the Following Exchange Rate Policies Uses a Target

question 242

Multiple Choice

Which of the following exchange rate policies uses a target exchange rate, but allows the target to change?

• A) crawling peg
• B) flexible exchange rate
• C) fixed exchange rate
• D) moving target

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Definitions:

Testicles

Male reproductive organs that produce sperm and hormones, notably testosterone, located in the scrotum.

Voice

The sound produced by humans and some animals using the vocal cords for speaking, singing, or other sounds.

Pubic Hair

Body hair that appears on the genitals and surrounding area during puberty as a secondary sex characteristic.

Facial Hair

Hair that grows on the face, typically on areas such as the chin, cheeks, and upper lip, often seen as a secondary sex characteristic in males.