Author Question: When a country establishes one rate as the exchange rate, but allows their currency to fluctuate ... (Read 57 times)

acc299

  • Hero Member
  • *****
  • Posts: 569
When a country establishes one rate as the exchange rate, but allows their currency to fluctuate within a certain percentage of that value, it is said to have
 
  A) parity bands.
  B) dollarized.
  C) a currency basket.
  D) a pegged currency.

Question 2

Fungibility means that
 
  a. donors allow recipients to use aid money for any purpose they want
  b. even if aid money is specified for a project, this frees up a similar amount for other uses
  c. aid money is given for programs that allow recipients to choose how to use it, within specific limits
  d. aid money is given in the local currency so its source is unidentifiable
  e. all of the above



dellikani2015

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

For a complete list of videos, visit our video library