Why are pegged exchange rates often overvalued and difficult to governments to maintain?
What will be an ideal response?
Answer: Governments that maintain a pegged exchange rate often find the position difficult to maintain. Too often, the exchange rate overvalues the local currency on the foreign exchange markets. This situation produces a surplus supply of the local currency resulting in a mass exodus of local currency holders who will turn in the currency to the central bank for a foreign currency to invest it abroad. Since this process depletes the bank's official reserves, the only way to maintain the peg is to impose currency controls.
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A ________ design to measure the effectiveness of a test commercial for Sears would be implemented as follows. Respondents are recruited to central theater locations in different test cities
At the central location, respondents are first administered a personal interview to measure, among other things, attitudes toward the store (O1). Then they watch a TV program, the respondents are again administered a personal interview to measure attitudes towards the store (O2). The effectiveness of the test commercial is measured as O2 - O1. A) one-shot case study B) pretest-posttest control group C) static group D) one-group pretest-posttest
Formatting for the internal organization of a research report should consider
A) Cause/effect. B) Analysis. C) Comparison/contrast. D) Problem/solution. E) All of the above.