The Rate at Which Two Currencies Can Be Traded for Each

question 83

Multiple Choice

The rate at which two currencies can be traded for each other is called the _________ exchange rate.

• A) flexible
• B) fixed
• C) fundamental
• D) nominal
• E) real

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Definitions:

Magma

Molten rock located beneath the earth's surface, which can erupt as lava during a volcanic eruption and solidify to form igneous rocks.

Heat

A form of energy associated with the movement of atoms and molecules in substances.

Deformation

Processes that cause a rock body to change position, orientation, size, or shape, such as by folding, faulting, and shearing.

Metamorphic Rocks

Rocks that have been transformed from an original state into a new texture or structure by heat, pressure, and/or fluid activity.