Advocates of Floating Rate Suggested It Is Favorable for Economies

question 154

Multiple Choice

Advocates of floating rate suggested it is favorable for economies for all of the following reasons EXCEPT

• A)it discourages attack from foreign exchange speculators because of the fact that exchange rate adjustment is immediate.
• B)it helps stabilize the shock effect on unemployment in case of economic changes such as fall in export demand.
• C)it automatically matches the domestic inflation with ongoing foreign inflation.
• D)it gives every country the opportunity to guide its own monetary conditions at home.
• E)it brings the LR exchange rate to the level predicted by PPP without government policy decisions.

---

Definitions:

Interactive Television

A system that allows viewers to interact with the television content in real-time, often through voting, shopping, or selecting what to watch.

High-Learning

Refers to the ability or process of acquiring knowledge or skills at a rapid pace.

Female Orgasmic Disorder

A sexual dysfunction experienced by women, characterized by difficulty achieving orgasm despite adequate sexual desire and stimulation.

Sexual Dysfunction

Refers to problems during any phase of the sexual response cycle that prevent the individual or couple from experiencing satisfaction from sexual activity.