Under Which of the Following Systems Does a Government Commit

question 35

Multiple Choice

Under which of the following systems does a government commit itself to keep fluctuations in its monetary unit within a narrow range?

• A) the gold standard
• B) the multinational exchange standard
• C) flexible exchange rates
• D) equation of exchange rates
• E) fixed exchange rates

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Definitions:

Social Responsibility

The duty of entities, both individuals and organizations, to act in the best interests of society at large.

Positive Contribution

Actions or efforts by individuals or groups that have a beneficial impact on their surrounding environment or social context.

Leaders

Individuals who guide, influence, or direct others towards achieving shared goals or objectives.

Corporate Philanthropy

The act of a corporation donating resources, including money, time, or products, to charitable causes to promote the welfare of others.