Which of the Following Refers to a System Under Which

question 113

Multiple Choice

Which of the following refers to a system under which a country's currency is nominally allowed to float freely against other currencies, but in which the government will intervene, buying and selling currency, if it believes that the currency has deviated too far from its fair value?

• A)Fixed float
• B)Clean float
• C)Pegged float
• D)Dirty float
• E)Capital float

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Definitions:

Standard Deviation

Standard deviation is a measure of the amount of variation or dispersion of a set of values, indicating how much individual values deviate from the mean.

Normally Distributed

A statistical term describing how data points are distributed in a way that they form a bell-shaped curve, with most values clustering around a central mean and fewer occurring as they move away.

Average Starting Salary

The average starting salary is the mean salary offered to employees with no prior experience in a particular job or field at the beginning of their employment.

Standard Deviation

Standard deviation is a statistical measure of the amount of variability or dispersion around the mean of a set of data points.