The IMF's Exchange Rate Regime Classification Identifies ________ as the Most

question 32

Multiple Choice

The IMF's exchange rate regime classification identifies ________ as the most rigidly fixed, and ________ as the least fixed.

• A)exchange arrangements with no separate legal tender; independent floating
• B)crawling pegs; managed float
• C)currency board arrangements; independent floating
• D)pegged exchange rates within horizontal bands; exchange rates within crawling pegs

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Definitions:

Average Accounts Receivable

The average amount of money owed to a company by its customers for goods or services provided on credit, over a specific period.

Acid-test Ratio

A financial ratio that measures a company’s ability to pay off its short-term liabilities with its quick assets, offering insight into financial stability.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within a year or within the normal operating cycle of a business.

Current Liabilities

Debts or obligations of a company due within a fiscal year or the operating cycle, whichever is longer.