Which of the Following Is the Reason Why the Current

question 64

Multiple Choice

Which of the following is the reason why the current foreign-exchange system is sometimes thought of as a managed-float system?

• A) The exchange rates of a currency are determined by market forces.
• B) Governments intervene frequently in the foreign exchange market.
• C) Major currencies are allowed to freely float against each other.
• D) Countries use a reference currency to estimate the value of their currencies.

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Definitions:

Total Impedance

The overall resistance to the flow of alternating current in a circuit, combining the effects of resistance, inductive reactance, and capacitive reactance.

Capacitive Reactances

The resistance a capacitor offers to alternating current, depending on the frequency of the current and the capacitance.

Series RC

A circuit configuration where a resistor and a capacitor are connected sequentially in a single path for current to flow.

Capacitive Circuit

A type of electrical circuit that primarily contains capacitors among other components, which stores and releases electrical energy.