Under a Managed Float

question 76

Multiple Choice

Under a managed float,

• A) a central bank allows the forces of supply and demand to determine the exchange rate
• B) a nation can have neither a trade deficit nor a trade surplus
• C) a nation "pegs" its price level to a foreign currency
• D) a nation "pegs" its price level at some fixed value
• E) a central bank intervenes in the foreign exchange market to stabilize its exchange rate

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Definitions:

FTP

FTP, or File Transfer Protocol, is a standard network protocol used for the transfer of computer files between a client and server on a computer network.

Mobile Technology

This term encompasses the range of technologies used in mobile devices like smartphones and tablets, including software, hardware, and networking capabilities.

Pairing

The process of establishing a communication link between two digital devices, allowing them to communicate or share data.

Bluetooth

A standard for wireless technology that facilitates the exchange of data over short distances between fixed and mobile devices, enabling the formation of personal area networks.