Countries with Floating Exchange Rates Have Currencies

question 26

Multiple Choice

Countries with floating exchange rates have currencies:

• A)whose values rarely change.
• B)that are subject to value changes at regular intervals.
• C)that are controlled by currency boards with a great deal of power.
• D)whose values may change as economic conditions and market sentiments change.

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Definitions:

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The quality of being strikingly bright, full of life, or very clear and detailed in perception.

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Extremely large data sets that can be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.

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General Motors

A multinational corporation that designs, manufactures, markets, and distributes vehicles and vehicle parts.