Adoption of a Currency Board

question 54

Multiple Choice

Adoption of a currency board

• A) is one method for achieving a soft peg policy.
• B) places responsibility for exchange rate management in the hands of an agency that is independent of political influences.
• C) mandates the use of currency in all domestic transactions.
• D) requires that a centralized institution holds interest-bearing assets denominated in the currency against which the nominal exchange rate is being fixed.

---

Definitions:

Mortality

The incidence of death in a population or the number of deaths occurring from a particular cause over a specified period.

Ignaz Semmelweis

A Hungarian physician known for his early discovery of the importance of handwashing to prevent the spread of infectious diseases, particularly in hospital settings.

Midwives

Health professionals specializing in providing care and support to women during pregnancy, labor, and the postnatal period.

Tertiary Prevention

Measures aimed at rehabilitating patients and preventing complications or sequelae of a disease once it has been clinically diagnosed.