Which of the Following Exchange Rate Systems Is the Least

question 6

Multiple Choice

Which of the following exchange rate systems is the least flexible?

• A) Free floating
• B) Managed floating.
• C) Currency board
• D) Fixed peg arrangement

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Definitions:

Morale Problem

A situation in an organization where employee confidence, enthusiasm, and discipline are significantly diminished.

Fringe Benefits

Additional compensations provided to employees on top of their regular salary, such as health insurance, retirement plans, and paid time off.

Older Employees

Individuals in the workforce who are typically considered to be near or beyond the traditional age of retirement, offering valuable experience and stability.

Monthly Wages

Regular payments made to employees based on a monthly rate for their work services.