If a Country Wants to Keep Its Exchange Rate Fixed

question 228

Multiple Choice

If a country wants to keep its exchange rate fixed, it must

• A) allow its currency value to vary with market supply and demand in foreign exchange markets.
• B) be a member of the IMF.
• C) vary the amount of its national currency supplied at any given exchange rate in foreign exchange markets when necessary.
• D) eliminate its foreign exchange reserves.

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Definitions:

Realistic Job Previews

A technique used in the employee selection process that provides potential candidates with a true picture of what performing the job would be like to reduce turnover and ensure a good fit.

Timely Feedback

Prompt and relevant responses or evaluations provided soon after the occurrence of an action, intended to enhance understanding or performance.

Yield Ratios

Metrics used in recruitment to evaluate the effectiveness of the hiring process by comparing the number of applicants at various stages of the process to the number hired.

Cost Per Hire

A metric that calculates the total expenses involved in acquiring a new employee, including advertising, recruiting, and onboarding costs.