Under the Current Managed Float Exchange Rate Regime,countries with Balance

question 34

Multiple Choice

Under the current managed float exchange rate regime,countries with balance of payments ________ frequently do not want to see their currencies ________ because it makes foreign goods more expensive for domestic consumers and can stimulate inflation.

• A)surpluses;depreciate
• B)deficits;depreciate
• C)surpluses;appreciate
• D)deficits;appreciate

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Definitions:

Direct Operating Expenses

Costs directly associated with the operation of a business, such as wages and materials, but excluding indirect expenses like administrative costs.

Operating Expenses

Operating expenses refer to the costs associated with the day-to-day functioning of a business, excluding direct production costs but including things like rent, utilities, and payroll.

Department Manager

A professional responsible for overseeing the operations, staff, and budget of a department within an organization.

Investment Center

A decentralized unit in which the manager has the responsibility and authority to make decisions that affect not only costs and revenues but also the fixed assets available to the center.