Some Countries Try to Hold the Value of Their Currency

question 116

Multiple Choice

Some countries try to hold the value of their currency within some range against an important reference currency.This is referred to as a:

• A)dirty float.
• B)free float.
• C)pegged float.
• D)variable alternative.

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Definitions:

Associated

Being connected with something else in terms of relationship, relevance, or affiliation.

Dependent

A person who relies on another, especially a family member, for financial support.

Independent

Independent describes someone or something not influenced or controlled by others in matters of opinion, conduct, or other actions.

Convenience Sample

A non-random selection of participants from a population based on ease of access and availability, often used in exploratory research where representativeness is not a primary concern.