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What accurately explains the difference between stock market and the currency exchange market?
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What best explains the difference between a fixed currency and a floating currency?
The price of a floating currency is determined by the currency exchange market while the price of a fixed currency is connected to the price of some other commodity.
What best explains what happens to the exchange of a floating currency?
The exchange rate for that currency changes depending on the operations of the free market
What best explains what happens to the exchange rate of a floating currency?
The exchange rate for that currency changes depending on the operations of the free market
What accurately explains why fiat money has no value in itself?
Fiat money has only a single use as a medium of exchange.
What best explains what happens when a currency is pegged to the us dollar?
The value of the pegged currency goes up and down depending on the exchange rate of the U.S. dollar. ALSO Pegging a currency to the U.S. dollar gives that currency the same stability as the U.S. dollar, keeping its exchange rate from fluctuating too wildly.
What best explains the difference between a fixed currency and a floating currency?
The price of a floating currency is determined by the currency exchange market while the price of a fixed currency is connected to the price of some other commodity.
What best explains what happens to the exchange of a floating currency?
The exchange rate for that currency changes depending on the operations of the free market
What best explains what happens to the exchange rate of a floating currency?
The exchange rate for that currency changes depending on the operations of the free market
What accurately explains why fiat money has no value in itself?
Fiat money has only a single use as a medium of exchange.
What best explains what happens when a currency is pegged to the us dollar?
The value of the pegged currency goes up and down depending on the exchange rate of the U.S. dollar. ALSO Pegging a currency to the U.S. dollar gives that currency the same stability as the U.S. dollar, keeping its exchange rate from fluctuating too wildly.
What most accurately explains why fiat money has no value in itself?
Fiat money has only a single use as a medium of exchange.
What most accurately explains why fiat money has value in itself?
Fiat money has only a single use as a medium of exchange.
Which of following best explains what happens in the currency exchange market?
Money is bought and sold using other types of money
Which of the most accurately explains why commodity money has value?
Commodity money is a good that can be used as a medium of exchange or for some other purpose. Apex
What accurately explains what an exchange rate of 1 9 between the european euro and mexican pesos mean?
An exchange rate of 1:9 between the European Euro and the Mexican Peso means that you can exchange one Euro for 9 Pesos.
What accurately explains what an exchange rate of 1 to 6 between the U.S. dollars and the Egyptian pounds means?
One U.S. dollar will buy six Egyptian pounds.
What accurately explains what an exchange rate of 1to 9 between the European euro and Mexican pesos means?
It takes only one euro to buy nine pesos
