A ________ Exchange Rate Means That the Rate Changes Constantly

question 66

Multiple Choice

A ________ exchange rate means that the rate changes constantly depending on the quantity supplied and demanded for the currency.

• A)fixed
• B)floating
• C)banded
• D)pegged
• E)spot

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Definitions:

Car Dealership Union

A labor union representing workers within car dealerships.

Salesmen's Salaries

The compensation provided to sales professionals, usually comprising a base salary and potentially including commissions or bonuses tied to performance.

Office Space

Refers to the premises where commercial and administrative work is conducted, often leased or bought by businesses.

Employees

Individuals hired by a business or organization to perform specific duties in exchange for compensation.