An Exchange Rate System in Which Prices of Various Currencies

question 128

Multiple Choice

An exchange rate system in which prices of various currencies are fixed relative to a given
Quantity of some commodity is called a

• A) managed float system.
• B) free-floating exchange rate system.
• C) commodity standard system.
• D) fixed exchange rate system.

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Definitions:

Current Level Of Understanding

Refers to the present degree or extent of knowledge or comprehension an individual has on a specific topic.

Zone Of Proximal Development

The gap between what a learner has already mastered and what he or she can achieve when provided with educational support.

Private Speech

Verbal communication directed at oneself, used as a tool for thinking and self-regulation by children and adults.

Zone Of Proximal Development

The zone of proximal development is a concept in educational psychology that describes the difference between what a learner can do without help and what they can achieve with guidance.