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

question 89

Multiple Choice

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

• 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

---

Definitions:

Sequences

Ordered series or arrangements where elements follow a specific, logical pattern or succession.

Procedures

Established ways of performing tasks or operations, often documented in step-by-step instructions.

Conservative Color

A color scheme that is traditional, subdued, and often used in settings where professionalism and restraint are emphasized.

Background

The context or setting, including previous experiences, cultural, social, or educational factors, influencing a person's situation or actions.