The Use of Foreign Exchange Reserves to Keep Exchange Rates

question 167

Multiple Choice

The use of foreign exchange reserves to keep exchange rates constant over time is called

• A)a fixed exchange rate system.
• B)the Bretton Woods system.
• C)a fiscal fix.
• D)a floating exchange rate system.

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Definitions:

Intragenerational Mobility

The social movement of individuals within their own lifetime, often measured through changes in income, status, or occupation.

University

An educational institution designed for instruction, examination, or both, of students in many branches of advanced learning, conferring degrees in various faculties.

Occupational Prestige

A measure of how society values a particular profession or job based on factors such as income, education required, and perceived social importance.

Female-Dominated

Refers to fields or sectors where women represent the majority of workers or participants.