A Floating Exchange Rate

question 142

Multiple Choice

A floating exchange rate

• A)is determined by the national governments involved
• B)remains extremely stable over long periods of time
• C)is determined by the actions of central banks
• D)is allowed to vary only within a narrow range
• E)adjusts in response to market forces

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Definitions:

Foot

The lower extremity of the leg below the ankle, on which a person stands or walks.

Antebrachial Region

The region of the human body that corresponds to the forearm, extending from the elbow to the wrist.

Forearm

The part of the arm located between the elbow and the wrist, composed of two bones (the radius and ulna) and various muscles.

Cervical Region

The cervical region refers to the neck portion of the spine, comprising the first seven vertebrae.