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Author Question: An exchange rate is said to be floating when _____. a. currency speculators predict that the rate ... (Read 100 times)

WWatsford

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An exchange rate is said to be floating when _____.
 
  a. currency speculators predict that the rate will vary widely
  b. the rate changes depending on the dynamics of supply and demand
  c. the rate is set by a government that exhibits frequent policy changes
  d. the value of the currency is artificially bolstered by a high inflation rate

Question 2

Which of the following is an example of something in the healthcare industry that is nontradable?
 
  a. Crutches
  b. An MRI machine
  c. Ambulance service
  d. Diabetes medication



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cascooper22

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Answer to Question 1

Correct Answer: b

Answer to Question 2

Correct Answer: c





 

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