A System That Determines the Value of Some Currencies Partly

question 23

Short Answer

A system that determines the value of some currencies partly by demand and supply in the foreign exchange market, and partly by active government intervention in the foreign exchange market is called a ________.

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Definitions:

Charles Spearman

A British psychologist who is best known for his work in statistics and intelligence theory, notably for conceptualizing general intelligence (g).

General Intelligence

A theoretical measure of an individual's overall mental capability, often referred to as the 'g factor' in psychometric assessments.

Specific Abilities

Distinct skills or competencies in narrowly defined areas, contrasting with general intelligence.

Multiple Intelligences

A theory proposed by Howard Gardner, suggesting that intelligence is not a single entity, but a combination of different types of intelligences including linguistic, logical-mathematical, and spatial, among others.