The Regime Whereby the Value of a Currency Is Determined

question 84

Multiple Choice

The regime whereby the value of a currency is determined by demand and supply conditions in the FX markets is called:

• A) fixed.
• B) floating.
• C) pegged.
• D) variable.

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Definitions:

Outcomes of Work

The results generated from performing tasks or jobs, which can include products, services, and changes in organizational or individual status.

Attributional Explanation

The process of interpreting events and determining the causes of an individual's behavior.

Negative Attributions

The tendency to explain the behavior of others based on internal, stable, and negative characteristics.

Depression

A mental condition characterized by a lasting despondent mood or absence of pleasure in usual activities, resulting in notable difficulties in daily existence.