Author Question: Under the _____ arrangement, the exchange rate is adjusted periodically by small amounts at a fixed, ... (Read 73 times)

soccerdreamer_17

  • Hero Member
  • *****
  • Posts: 552
Under the _____ arrangement, the exchange rate is adjusted periodically by small amounts at a fixed, pre-announced rate or in response to certain indicators.
 a. currency board
  b. crawling peg
  c. reserve currency
  d. conventional fixed peg
  e. independent float

Question 2

Margaret, who lives in Des Moines, has been saving for years in order to take a trip to England this summer. She would be happy if the dollar suddenly depreciates in value against the pound.
 a. True
  b. False
  Indicate whether the statement is true or false



steff9894

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

b

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

For a complete list of videos, visit our video library