If a Country Has a ________ Exchange Rate,its Central Bank

question 122

Multiple Choice

If a country has a ________ exchange rate,its central bank must buy and sell its holdings of currencies to maintain a given exchange rate.

• A)floating
• B)flexible
• C)fixed
• D)all of the above

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Definitions:

Mediated

This refers to communication or information that is conveyed through an intermediary medium, such as television, radio, or the internet, rather than direct, face-to-face.

Society

A group of individuals involved in persistent social interaction, or a large social grouping sharing the same geographical or social territory, typically subject to the same political authority and dominant cultural expectations.

Sociological Studies

The examination of social life, social change, and the social causes and consequences of human behavior.

Agency

Denotes the capability of individuals to act independently, making their own free choices.