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    Exam 18: Macroeconomics in an Open Economy
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    If a Country Has a ________ Exchange Rate,its Central Bank
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If a Country Has a ________ Exchange Rate,its Central Bank

Question 122

Question 122

Multiple Choice

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) floating
B) flexible
C) fixed
D) all of the above

Correct Answer:

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