Which One of the Following Systems Would Most Often Be

question 13

Multiple Choice

Which one of the following systems would most often be used by a developing economy?

• A) target zone
• B) currency board
• C) floating exchange rate
• D) crawling peg

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Definitions:

Multiply

The mathematical operation of increasing one number by the value of another, a basic arithmetic function symbolized by the symbol “x” or “*”.

Smaller

Lesser in size, amount, or degree compared to another reference point or object.

Nearest Tenth

A mathematical term describing the rounding of numbers to the first decimal place.

Larger

Comparatively greater in size, quantity, or extent.