A Dirty Float Occurs When a Country Uses Pegged Exchange

question 16

True/False

A dirty float occurs when a country uses pegged exchange rates to value its currency.

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Definitions:

Genotype

One’s genetic makeup, based on the sequencing of the nucleotides we term A, C, G, and T.

Phenotype

One’s actual development and appearance, as based on one’s genotype and environmental influences.

Resting Potential

The electrical potential across the neural membrane when it is not responding to other neurons.

Action Potential

The electrical impulse that provides the basis for the conduction of a neural impulse along an axon of a neuron.