The Term "Dirty Float" Is Used to Describe a

question 42

Multiple Choice

The term "dirty float" is used to describe a

• A)black market in foreign currencies.
• B)floating currency that is "managed" by central bank authorities.
• C)nation that switches from free to fixed exchange rates.
• D)currency system used only in inflationary periods.

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Definitions:

Plural

The version of a word that indicates it refers to multiple instances.

Singular

Unique or individual; refers to something that is one of a kind or existing as a single instance.

Cyan

A greenish-blue color, one of the primary colors in the subtractive color system, used in color printing.