Which Exchange Rate System Requires an Immediate Response by a Government

question 18

Multiple Choice

Which exchange rate system requires an immediate response by a government to counter market forces on exchange rates but it need not completely negate all of those forces?

• A)The fixed exchange rate system
• B)The managed float exchange rate system
• C)The floating exchange rate system
• D)The free market exchange rate system

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Definitions:

Labor-Management Committees

Groups formed by representatives from both labor unions and management teams to discuss and address workplace issues, improve relations, and enhance productivity collaboratively.

Supreme Court Decision

A final ruling issued by the Supreme Court, the highest judicial authority in a country.

Management-Controlled Committees

Groups or committees within an organization that are created and overseen by management, often to address specific issues or projects, sometimes critiqued for limiting genuine employee participation.

NLRA

stands for the National Labor Relations Act, a foundational U.S. law enacted in 1935 that protects the rights of employees to organize, bargain collectively, and engage in collective labor activities.