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.

---

Definitions:

Sample Proportion

The ratio of members in a sample that have a particular characteristic to the total number of members in the sample.

Standard Error

The standard deviation of the sampling distribution of a statistic, especially of the mean.

Sample Mean

The average value calculated from a sample of observations from a larger population.

Population Standard Deviation

A measure of the dispersion or spread of a set of data points in a population, representing the square root of the variance.