A Fixed Exchange Rate Is Enforced by _____

question 45

Multiple Choice

A fixed exchange rate is enforced by _____

• A) state governments, who establish appropriate trade barriers for each country they trade with.
• B) state governments, who manipulate gold reserves appropriately.
• C) central banks, who buy and sell appropriate currencies.
• D) the International Monetary Fund, which offers loans to its member countries.
• E) local governments, who manipulate capital reserves appropriately.

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Definitions:

Test-Retest Reliability

An indicator of how reliably a psychological evaluation or test produces similar results across different time periods.

Valid

Relating to something based on sound reasoning, facts, or logic; often used in the context of arguments, research findings, or legal contracts.

Accurately Measures

The ability to correctly quantify or assess dimensions, quantities, or capacities using instruments or techniques.

Percentile

A statistical value that indicates the relative position of a number in a dataset, showing what percentage of the data lies below that value.