Under a Fixed Exchange Rate Regime,if a Country's Central Bank

question 48

Multiple Choice

Under a fixed exchange rate regime,if a country's central bank runs out of international reserves,it cannot keep its currency from

• A)depreciating.
• B)appreciating.
• C)deflating.
• D)inflating.

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Definitions:

Nonretentive

Referring to a device or process that does not retain data or state upon power loss or reset.

Outputs

The results produced by a computer or controller, typically after processing input data, which are then transmitted to other devices or users.

Sequencer

A mechanical, electric, or electronic device that can be programmed so that a predetermined set of events occurs repeatedly.

Sequencer Instructions

In PLC programming, a set of instructions designed to execute a series of operations or events in a specific order.