The exchange rate that is established in the absence of foreign exchange market intervention by the government is known as a(n):
a. historical anachronism.
b. fixed exchange rate.
c. "dirty float" exchange rate.
d. unmanaged exchange rate.
e. free market equilibrium exchange rate.
e
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A larger marginal propensity to import will make the slope of the aggregate expenditure function flatter
Indicate whether the statement is true or false
Which of the following is a responsibility of Congress?
A. Monetary, fiscal, and supply-side policy. B. Monetary policy. C. Monetary and fiscal policy. D. Fiscal policy and supply-side policy.
(Last Word) Whole Foods Market's personal wellness accounts for employees:
A. create significant moral hazard in the purchase of health care services. B. provide bonus payments for employees meeting certain health criteria and participating in company wellness activities. C. encourage employees to consider the opportunity costs of their medical spending. D. encourage employees to overspend for health care as they view it as "free money."
Correlation vs causation?
What will be an ideal response?