Economists Typically View a ___________ Exchange Rate System as Providing

question 121

Multiple Choice

Economists typically view a ___________ exchange rate system as providing the central bank of a small open economy ___________ control over monetary policy for achieving domestic goals (such as fighting inflation) than a __________ exchange rate system.

• A) flexible;more;fixed
• B) flexible;less;fixed
• C) fixed;more;flexible
• D) combination of a fixed and a flexible;more;pure flexible
• E) combination of a fixed and a flexible;more;pure fixed

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Definitions:

Trait

A distinct characteristic or attribute of an organism that can be passed from one generation to the next through genetic inheritance.

Selection Phenomenon

The process by which certain traits become more or less common in a population due to differential reproduction of their bearers.

Sickle-Cell Anemia

An inherited blood disorder characterized by the production of abnormal hemoglobin, leading to deformed red blood cells that can cause blockages and severe pain.

Balanced Polymorphism

Maintenance of two or more alleles of a gene at high frequency in a population.