What Term Recognizes That in Addition to Private Sector Market

question 113

Multiple Choice

What term recognizes that in addition to private sector market forces, exchange rates are also affected by central banks buying or selling currencies on the foreign-exchange market?

• A) par value
• B) flexibility
• C) managed float
• D) special drawing rights

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Definitions:

Pay Equity

A policy to eliminate the gap between the income of men and women, ensuring that salary ranges correspond to the value of work performed.

Equal Pay

The concept of ensuring that employees who perform the same or substantially similar work are compensated equally, regardless of gender, ethnicity, or other non-relevant factors.

Scattergram

A graphical representation using dots to show the relationship or distribution of two variables, often used in statistics and data analysis.

Absolute Data

Quantitative information that is completely independent of other numbers, providing specific facts rather than relative or comparative metrics.