When the Value of a Currency Is Determined ________,The Exchange

question 123

Multiple Choice

When the value of a currency is determined ________,the exchange rate system is defined as a managed float.

• A) only by supply and demand
• B) by the country's government
• C) mostly by supply and demand, but with occasional government intervention
• D) by the country's government, with occasional readjustments in value

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Definitions:

Workforce

The collective group of individuals engaged in or available for work, either in a specific area or in a particular industry or occupation.

Advantages

Benefits or favorable traits that give something or someone a superior position or condition compared to others.

Respondeat Superior

A legal doctrine holding an employer or principal legally responsible for the wrongful acts of an employee or agent, if such acts occur within the scope of the employment or agency.

Computer Software

Programs and operating information used by a computer, encompassing both applications and the operating system.