The Behavior of Prices and Exchange Rates at the Time

question 53

Multiple Choice

The behavior of prices and exchange rates at the time of the crisis will:

• A) increase in a predictable, smooth manner.
• B) exhibit erratic jumps upward.
• C) show an underlying stability.
• D) decrease at first before finding a new equilibrium.

---

Definitions:

Affected Industry

An economic sector or industry that experiences direct impacts, either positive or negative, as a result of specific policy actions, market conditions, or technological changes.

U.S. Army Corps

A federal agency within the Department of Defense responsible for military engineering and environmental management, including the construction and maintenance of infrastructure and flood protection.

Dredged

The process of cleaning, deepening, or widening a waterway by removing sediments and debris from the bottom.

CERCLA

The Comprehensive Environmental Response, Compensation, and Liability Act, a United States federal law designed to clean up sites contaminated with hazardous substances.