What is a currency system called in which each country tries to keep the value of its currency constant against one another?
(A) A flexible exchange-rate system.
(B) A floating currency exchange.
(C) A constant pricing system.
(D) A fixed exchange-rate system.
Ans: (D) A fixed exchange-rate system.
Economics
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What will be an ideal response?
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Who officially determines whether the economy is in a recession or expansion?
A) The president of the United States B) The U.S. Congress C) The Federal Reserve Board of Governors D) The National Bureau of Economic Research
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