Which of the following exchange rate systems is in the right order, from MOST control to LEAST control?
a. floating, fixed, managed float
b. fixed, floating, managed float
c. managed float, floating, fixed
d. fixed, managed float, floating
Ans: d. fixed, managed float, floating
You might also like to view...
When a recession ends, the turning point that immediately follows is called a
A) trough. B) peak. C) depression. D) None of the above answers is correct.
If the consensus in securities markets is that a previous increase in the money supply will be inflationary, the likely result will be
A) higher real interest rates. B) higher nominal interest rates. C) lower real interest rates. D) lower nominal interest rates.
The signaling theory of education maintains that workers who complete specific levels of education enhance their productivity through education
a. True b. False Indicate whether the statement is true or false
What would happen in the market for loanable funds if the government were to increase the tax on interest income?
a. The supply of loanable funds would shift right. b. The demand for loanable funds would shift right. c. The supply of loanable funds would shift left. d. The demand for loanable funds would shift left.