"Free Float" Exchange Rates Are Determined by _____________

question 51

Multiple Choice

"Free float" exchange rates are determined by _____________.

• A) the IMF
• B) market forces
• C) governments
• D) the World Bank
• E) national banks

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Definitions:

Trade-Offs

The balance achieved between two desirable but incompatible features; a compromise or the act of giving up one benefit to gain another.

Positive Statement

An objective statement based on factual claims, describing the world as it is without imbuing personal preferences or prescriptions.

Economic Majors

Students who are pursuing an academic degree or course of study focused on economics.

Seatbelts

Safety devices designed to secure the occupants of a vehicle against harmful movement that may result during a collision or a sudden stop.