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A Floating Exchange Rate Is a System Under Which the Exchange

question 136

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A floating exchange rate is a system under which the exchange rate for converting one currency into another is continuously adjusted depending on the laws of supply and demand.


Definitions:

Systematic Desensitization

A behavioral therapy technique used to reduce phobic responses through gradual exposure to the feared object or situation.

Behavior Therapy

A type of psychotherapy that focuses on changing undesirable behaviors through conditioning and learning strategies.

Reinforcers

Any events or objects that, when following a response, increase the likelihood of that response occurring again.

Systematic Desensitization

A therapeutic technique used to reduce anxiety by gradually exposing the person to the feared object or situation.

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