Advocates of Floating Rate Suggested It Is Favorable for Economies

question 154

Multiple Choice

Advocates of floating rate suggested it is favorable for economies for all of the following reasons EXCEPT

• A)it discourages attack from foreign exchange speculators because of the fact that exchange rate adjustment is immediate.
• B)it helps stabilize the shock effect on unemployment in case of economic changes such as fall in export demand.
• C)it automatically matches the domestic inflation with ongoing foreign inflation.
• D)it gives every country the opportunity to guide its own monetary conditions at home.
• E)it brings the LR exchange rate to the level predicted by PPP without government policy decisions.

Understand the concept of selection ratio.

See the relevance of validity studies in improving selection decisions.

Recognize the impact of external labour market on selection strategies.

Acknowledge the critical role of high-quality hires in organizational success.

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Definitions:

Variable

Something that can have more than one value or score.

Qualitative Research

Research that is somewhat less structured than quantitative research but that allows more depth of interpretation and nuance in what people say and do.

Participant Observation

A research method in which researchers immerse themselves in the group or setting being studied, directly observing and participating in its activities.

Ethnography

A qualitative research method that studies cultures and communities through close observation, participation, and interviews.