Which Is the Following Is True for Countries with Fixed

question 24

Multiple Choice

Which is the following is true for countries with fixed exchange rate regimes?

• A)Central banks of these courtiers are required to maintain exchange reserves to cover 100% of the existing domestic currency
• B)Centrals banks cannot use monetary policy to affect the economics fundamentals (such as inflation)
• C)These countries must use currency board
• D)None of these

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Definitions:

Close Friends

Relationships characterized by a high degree of trust, intimacy, and mutual respect, often formed through shared experiences over time.

Need to Belong

The need to belong is a fundamental human motivation to form and maintain strong, stable interpersonal relationships.

Trait Self-control

The personality characteristic that involves the ability to regulate one’s thoughts, feelings, and behaviors to achieve long-term goals.

Universal

Applicable everywhere or in all cases; general or widespread in nature.