A floating exchange rate system exists when:

a. The absolute value of currencies is pegged to other currencies.
b. The absolute value of currencies fluctuates in comparison to other currencies.
c. The relative value of currencies is pegged when compared to supply and deman
d.
d. The relative value of currencies fluctuates relative to supply and deman
d.
e. The value of currencies is fixed in a fixed exchange rate system.


Answer: d

Political Science

You might also like to view...

The United States entered the war in Afghanistan in order to topple the __________ government

Fill in the blank with the correct words.

Political Science

The control of the money supply is a responsibility of the

a. Office of Management and Budget. b. Federal Reserve Board. c. Congressional Budget Office. d. Treasury.

Political Science

Which statement explains how the views of modern conservatives conflict with the ideals of classic liberalism?

a. Some modern conservatives believe in an isolationist foreign policy. b. Most modern conservatives favor individual liberty over social power. c. Most modern conservatives accept that the role of the government should be limited. d. Some modern conservatives believe that governments should enforce traditional norms of behavior.

Political Science

Examine how political newsmaking depends on where reporters are, what sources they talk to, and what sorts of video are available

Compare the roles of the limited geography of political news, dependence on official sources, and the relationship between visuals and newsworthiness in the kind of the news that the media present. What will be an ideal response?

Political Science