The Use of Foreign Exchange Reserves to Keep Exchange Rates

question 167

Multiple Choice

The use of foreign exchange reserves to keep exchange rates constant over time is called

• A)a fixed exchange rate system.
• B)the Bretton Woods system.
• C)a fiscal fix.
• D)a floating exchange rate system.

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Definitions:

Yogurt

A dairy product produced by bacterial fermentation of milk, known for its creamy texture and health benefits.

Automatic Mind

The aspect of cognitive functioning that operates below conscious awareness, guiding quick and effortless judgments and behaviors.

Unwanted Thought

Intrusive ideas or images that are deemed unwelcome or disturbing, often occurring involuntarily and causing distress.

Suppress

To forcibly put an end to or restrain; to inhibit an action or process.