If the Value of a Currency Moves Within a Defined

question 94

Multiple Choice

If the value of a currency moves within a defined band,relative to another major currency this is a:

• A) partial floating regime.
• B) floating rate regime.
• C) managed floating regime.
• D) crawling peg regime.

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Definitions:

Marginal Benefit

The extra pleasure or benefit derived from acquiring or making an additional unit of a product or service.

Muscle Contraction

The activation of tension-generating sites within muscle fibers, leading to shortening or elongation that enables movement.

Muscle Strength

The maximum amount of force a muscle or group of muscles can exert in a single effort.

Sedentary Lifestyle

A way of living with little to no physical activity, often leading to increased health risks such as obesity and cardiovascular disease.