Which of the Following Terms Refers to the Current System

question 140

Multiple Choice

Which of the following terms refers to the current system of international finance?  

• A) gold standard 
• B) fixed exchange rate system 
• C) floating exchange rate system 
• D) managed float exchange rate system

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Definitions:

Standard Deviation

An indicator of the degree of variation or spread among a collection of numbers.

Confidence Interval

A range of values, derived from the sample data, that is likely to contain the value of an unknown population parameter with a specified level of confidence.

Monthly Incomes

The total amount of income or earnings received during a typical month, often used in financial and socioeconomic studies.

Variances

Measures of the dispersion, indicating how spread out the data points are around the mean.