When the Exchange Rate Fluctuates Around a Fixed Central Target,allowing

question 38

Multiple Choice

When the exchange rate fluctuates around a fixed central target,allowing for a moderate amount of fluctuation,while tying the currency to the target central rate,the exchange rate is under:

• A)a horizontal band.
• B)a crawling peg.
• C)a managed float.
• D)an independent float.
• E)a currency board.

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Definitions:

Frequency

The rate at which something occurs over a particular period of time or in a given sample.

Humans

Members of the species Homo sapiens, characterized by their ability to create complex language, culture, and utilize advanced tools.

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Oscillations that pass through air or a different medium and are perceived when they make contact with an individual's or creature's ear.

Basic Tastes

The human tongue's primary taste sensations which include sweet, sour, salty, bitter, and umami.