Because Central Banks Intervene in Currency Markets, the Term ____

question 158

Multiple Choice

Because central banks intervene in currency markets, the term ____ has been used to describe the system.

• A)organized
• B)planned
• C)dirty float
• D)flexible
• E)controlled

---

Definitions:

Income Statement

A document presenting a firm's income, expenses, and profits during a certain timeframe.

Distribution

The process of making a product or service available for the user or consumer.

Merchandise

Products or goods that a company holds for the purpose of selling to customers.

Terms

The conditions and stipulations outlined in an agreement or contract, specifying the obligations, rights, and responsibilities of each party involved.