A Fixed Exchange Rate System Where Central Banks Buy and Sell

question 76

Multiple Choice

A fixed exchange rate system where central banks buy and sell gold to keep exchange rates at a given level is called the:

• A)fixed standard.
• B)flexible standard.
• C)fiat standard.
• D)gold standard.

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Definitions:

Prenatal Development

The process of growth and development within the womb from conception until birth.

Prenatal Babies

Refers to the stage of human development inside the womb before birth.

Neonates

Newborn infants, especially within the first 28 days after birth.

Growth Spurts

Rapid physical development and height increases, often occurring during puberty.