When the Value of a Currency Is Determined ________, the Exchange

question 74

Multiple Choice

When the value of a currency is determined ________, the exchange rate system is defined as 'managed float'.

• A)only by supply and demand
• B)by the country's government
• C)mostly by supply and demand, but with occasional government intervention
• D)by the country's government, with occasional readjustments in value

---

Definitions:

Less Negative

Refers to a situation or condition that is not as adverse or undesirable as it could be; somewhat improved.

Action Potential

A temporary reversal in the electrical potential across a plasma membrane that occurs when a cell has been activated by a stimulus, essential for nerve impulse conduction.

Electrical Charge

A physical property of particles or objects that causes them to attract or repel each other due to the presence of electric charge, either positive or negative.

Neuron

A cell dedicated to sending signals in the form of nerve impulses; known as a neuron.