When a Country's Currency Is Tied or Fixed to Another

question 24

Multiple Choice

When a country's currency is tied or fixed to another country's currency, this is called _____________ exchange rate.

• A) foreign
• B) pegged
• C) float
• D) fixed

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Definitions:

Congruence Corollary

A concept in psychology stating that personal growth is facilitated when there is alignment between an individual's self-image and experiences.

Fragmentation Corollary

A principle in psychology that suggests an individual's self-concept can become divided and inconsistent under stress.

Instinctive Drives

The innate impulses that guide behavior without the need for conscious thought, often related to survival and reproduction.

Need to Self-Actualize

A psychological concept referring to the motivation to realize one's own maximum potential and capabilities.