The median voter model predicts a strong tendency for both candidates to choose a position away from the middle of distribution.
a. True
b. False
Indicate whether the statement is true or false
Question 2
When the exchange rate fluctuates around a fixed central target, allowing for a moderate amount of fluctuation, while tying the currency to the target central rate, the exchange rate is under:
a. a horizontal band.
b. a crawling peg.
c. a managed float.
d. an independent float.
e. a currency board.