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Author Question: When exchange rates are ________, we say that the country's exchange rate is fixed. A) determined ... (Read 106 times)

fox

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on: Jun 29, 2018
When exchange rates are ________, we say that the country's exchange rate is fixed.
 
  A) determined in the market B) relatively stable
  C) set by a country's central bank D) determined by supply and demand

Question 2

If a country has a ________ exchange rate, its central bank must buy and sell its holdings of currencies to maintain a given exchange rate.
 
  A) flexible B) fixed C) floating D) all of the above


Athena23

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

C

Answer to Question 2

B


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