​Under a Managed Float Exchange Rate System, the Fed May

question 55

Multiple Choice

​Under a managed float exchange rate system, the Fed may attempt to stimulate the U.S. economy by ____ the dollar. Such an adjustment in the dollar's value should ____ the U.S. demand for products produced by major foreign countries.

• A) ​weakening; increase
• B) ​weakening; decrease
• C) ​strengthening; increase
• D) ​strengthening; decrease

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Definitions:

Purchasing Process

The series of steps taken by an individual or organization to acquire goods or services, from need identification to payment.

Emotional Appeals

Persuasive techniques that attempt to influence an audience by appealing to their emotions rather than logic or reason.

Logical Appeals

Arguments or persuasive techniques that use reasoning and evidence to convince an audience.

Emotional Appeal

Persuasive approach that calls on audience feelings and sympathies rather than facts, figures, and rational arguments.