Which of the Following Statements Is True of a Dirty

question 15

Multiple Choice

Which of the following statements is true of a dirty float?

• A)exchange rates fluctuate with occasional central bank intervention
• B)beneficial exchange rates are offered in trade with certain nations
• C)fixed exchange rates are set and maintained by the World Bank
• D)currency values rise and fall according to the U.S. dollar

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Definitions:

Baking Soda

A sodium bicarbonate powder, commonly used as a leavening agent in baking to cause dough to rise.

Beaker

A simple cylindrical container with a flat bottom, used in laboratories for mixing, stirring, and heating chemicals.

Hydrophobic

Hydrophobic refers to the property of being water-repellent or not mixable with water, often relating to molecules or substances that do not dissolve in water.

Hydrophilic

Denoting the property of attracting or associating with water molecules, possessed by polar molecules and ions; the opposite of hydrophobic.