If a Country Has a Fixed Exchange Rate

question 156

Multiple Choice

If a country has a fixed exchange rate

• A)the equilibrium exchange rate in that market does not respond to changes in supply and demand for currency.
• B)central banks have more control over real GDP in the economy.
• C)central banks must buy and sell their holdings of currencies to maintain a given exchange rate.
• D)the exchange rate is allowed to fluctuate in response to changes in the supply and demand for currency.

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Definitions:

Typical Antipsychotic

Typical antipsychotic refers to a class of medications primarily used to treat psychosis, including schizophrenia, characterized by their dopamine antagonist properties.

Neurotransmitter

Chemical found in the synaptic vesicles that, when released, has an effect on the next cell.

Tardive Dyskinesia

A neurological disorder characterized by involuntary, repetitive body movements, often resulting from long-term use of antipsychotic medication.

Antipsychotic Drug

Medications used to treat psychotic disorders such as schizophrenia and bipolar disorder, working by altering brain chemistry to reduce psychotic symptoms like hallucinations and delusions.