Flexible exchange rates exist when
A) no one knows what the true value of a currency is.
B) governments and central banks spend foreign reserves to prop up an exchange rate at a certain level.
C) exchange rates are determined by forces of supply and demand.
D) speculators bet that a currency will soon be depreciated.
Answer: C
Economics
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Which of the following products allows the seller to identify different groups of consumers (segment the market) and practice price discrimination?
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Economics