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Author Question: What is the difference between a fixed exchange rate system and a managed float exchange rate ... (Read 231 times)

abern

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on: Jun 29, 2018
What is the difference between a fixed exchange rate system and a managed float exchange rate system?
 
  What will be an ideal response?

Question 2

Which of the following is not an explanation for the revival in the growth of productivity starting in the mid-1990s?
 
  A) Cell phones and wireless Internet access have increased worker flexibility.
  B) Internet use has increased the efficiency of how firms buy and sell to each other and to consumers.
  C) Information and communication innovations are increasingly geared toward improving business processes and not consumer products.
  D) Faster computers have sped up data processing.


cdmart10

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Reply #1 on: Jun 29, 2018
Answer to Question 1

In a fixed exchange rate system, the value of the currencies of the participating countries is fixed, and in a managed float exchange rate system, the value of currencies is determined by demand and supply, with occasional government intervention.

Answer to Question 2

C


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abern

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Reply #2 on: Jun 29, 2018
Thank you


cdmart10

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Reply #3 on: Jun 29, 2018
No problemo


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