Under A(n)_____________ ,The Nation's Monetary Authorities Are Entrusted with the Responsibility

question 52

Multiple Choice

Under a(n) _____________ ,the nation's monetary authorities are entrusted with the responsibility of intervening in foreign exchange markets to smooth out short-run fluctuations in exchange rates without attempting to affect their long-run trend.

• A)currency board arrangements
• B)adjustable peg system
• C)crawling peg system
• D)managed floating exchange rate system

---

Definitions:

Politicians

Individuals who are actively involved in politics, especially ones holding or seeking office in government.

Mass Media

Various media technologies that reach a large audience via mass communication, including newspapers, television, radio, and online platforms.

Democratic

Relating to a form of governance in which the entire population or all qualified members of a state participate, usually via electing representatives.

Republican

Pertaining to a political ideology centered on limited government intervention in the economy, strong national defense, and conservative social policies, often associated with the Republican Party in the United States.