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What is a floating exchange rate? What action is required by the banks for Federal Reserve policy to be effective in stimulating the economy? What can the banks do to negate a Fed stimulus? What is a fixed exchange rate? What is nominal dollars?
A floating exchange rate means that the forces of supply and demand determine how much a currency is worth. This can vary, hence the term “floating.” Most of the hard currencies operate under this system. A‘hard currency’is one that most people, businesses, and other entities accept, ...
Under the exchange rate mechanism of EMS, what was the exchange rate system between EMS members?A.floating rateB.target-zone arrangementC.mamaged floatD.fixed rate的答案是什么.用刷刷题APP,拍照搜索答疑.刷刷题(shuashuati.com)是专业的大学职业搜题找答案,刷题
Exchange rate pass-through (ERPT) refers to the transmission of exchange rate changes into import (export) prices of specific goods in the destination market currency price of goods. ERPT is said to be partial or incomplete if the import price rises by less than 1 percent, as the exporters...
What is the current exchange rate between United States dollars and Kenyan shillings?Exchange rate:The exchange rate of two currencies can be explained as the rate at which two currencies are exchanged. Alternatively, it measures the amount of one currency exchangeable for the oth...
In a fixed exchange rate regime, what is the government in control of? What was the Bretton Woods system? What were its strengths and weaknesses? What are some of the advantages of a fixed exchange rate? What are the four fund...
1)What is the difference between a clean float and a managed float? 2)Why did the Britton Woods system of fixed exchange rates collapse? 3). During the period known as the gold standard (1870-1914), gold was the official reserve asset and the common denominator in terms of which all cu...
Floating exchange rate systems mean long-term currency price changes reflect relative economic strength andinterest rate differentialsbetween countries. Currency prices can be determined with a floating rate or a fixed rate. A floating rate is based on supply and demand in the open forex market. If...
A fixed exchange rate is a regime applied by a government orcentral bankthat ties the country's officialcurrency exchange rateto another country's currency or the price of gold. The purpose of a fixed exchange rate system is to keep a currency's value within a narrow band. Key Takeaways ...