When the Value of a Currency Is Determined Mostly by Demand

question 163

Multiple Choice

When the value of a currency is determined mostly by demand and supply, but with occasional government intervention, the exchange rate system is defined as

• A)fixed.
• B)floating.
• C)managed float.
• D)Bretton Woods.
• E)mixed economy.

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Definitions:

Perimeter

The total length of the sides of a geometric figure, such as a triangle, square, or rectangle.

Rectangle

A quadrilateral with four right angles, often used in geometry and graphical applications.

Looping Mechanism

A programming construct that repeats a block of code multiple times based on a specified condition.

For Each

A loop construct used to iterate over elements in a collection or array, typically without needing to use indices.