When More Than One Central Bank Attempts to Shift the Equilibrium

question 31

Multiple Choice

When more than one central bank attempts to shift the equilibrium exchange rate, we refer to this as:

• A)sterilization.
• B)a currency crisis.
• C)coordinated intervention.
• D)an application of special drawing rights.
• E)a floating exchange rate system.

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Definitions:

Comprehensive Evaluation

A thorough assessment that considers all or most factors, aspects, or elements of an issue or situation.

Multiple Sources

The practice of gathering information or data from different origins to ensure a broader perspective or more comprehensive understanding.

Behaviourally Anchored Rating Scale

A performance appraisal method that rates employees based on specific behaviors as indicators of various levels of performance.

Performance Appraisal

A systematic evaluation of an employee's job performance and productivity in relation to certain pre-established criteria and organizational objectives.