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    Exam 12: The Global Macroeconomy
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    When an Exchange Rate Is Said to Be Fixed, It
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When an Exchange Rate Is Said to Be Fixed, It

Question 77

Question 77

Multiple Choice

When an exchange rate is said to be fixed, it:


A) does not vary at all.
B) can vary a lot.
C) changes every day.
D) is volatile.

Correct Answer:

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