When a Country Uses a Foreign Currency as Its Medium

question 49

Multiple Choice

When a country uses a foreign currency as its medium of exchange, it is using

• A) monetarization.
• B) dollarization.
• C) a dirty float.
• D) none of the above.

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Definitions:

Psychic Energy

A Freudian concept referring to the energy generated by innate drives and instincts, which powers the mind and motivates behavior.

Collective Unconscious

The deepest level of the psyche containing the accumulation of inherited experiences of human and pre-human species.

Rational Functions

In psychology, this refers to cognitive processes involved in logical reasoning, decision-making, and problem-solving.

Extraversion

An attitude of the psyche characterized by an orientation toward the external world and other people.