Which of the Following Is True About the Exchange Rate

question 146

Multiple Choice

Which of the following is true about the exchange rate between the yuan and the dollar?

• A)Any country that establishes a fixed exchange rate that undervalues the currency must intervene continuously to maintain that rate
• B)The official exchange rate chronically overvalues the Chinese yuan relative to the dollar
• C)Chinese authorities do not ever need to exchange yuan for dollars in foreign exchange markets
• D)The increased demand for the yuan keeps the yuan up
• E)The increased supply of the dollar keeps the dollar down

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Definitions:

Personal Unconscious

A term denoting Carl Jung's concept of a layer of the unconscious mind that consists of forgotten or suppressed experiences unique to the individual.

Functions Of Psyche

The functions of the psyche refer to the roles and operations of the mind in processing thoughts, emotions, and behaviors.

Intuiting

The process of understanding or knowing something immediately without the need for conscious reasoning.

Imagining

The action of forming new ideas or images not present to the senses, using the mind.