This topic contains a solution. Click here to go to the answer

Author Question: The principle determinant of the long-term value of a state's currency is __________. A) ... (Read 119 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
The principle determinant of the long-term value of a state's currency is __________.
 
  A) speculation
  B) its fiscal health
  C) whether it incurs a trade surplus or deficit
  D) the supply and demand of the currency

Question 2

Many states will bridge the gap between floating and fixed exchange rates by periodically intervening in the currency markets, usually to promote stability. This type of intervention is called a(n) __________.
 
  A) interventionist system
  B) periodic-float system
  C) primary-float system
  D) managed-float system



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nanny

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

Answer: D

Answer to Question 2

Answer: D





 

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

For a complete list of videos, visit our video library