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What of the following best explains the difference between a fixed currency and a floating currency?
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The currency style format cannot be used with a floating dollar sign?
false
Difference between a floating charge and a fixed charge?
fixed and floating charge
Can the currency style format be used with a floating dollar sign?
Yes, to assign a floating dollar sign that appears immediately to the left of the first digit with no spaces, use the Currency style in the Format Cells dialog box.
What is the difference between a fixed rate bond and a floating rate bond?
"A fixed rate bond is a bond that has a fixed rate, whereas a floating rate bond can change due to different variables. BNET is a great business resource that will help with learning about fixed and floating rate bonds."
What is exchange fluctuation?
A change in an exchange rate. If the British pound is worth $2 on Monday, and $1.80 on Tuesday, a (somewhat dramatic) currency fluctuation has occurred. Currency fluctuations happen constantly and occur for all floating currencies.For example, if demand for a particular currency is high because investors want to invest in that country's stock market or buy exports, the price of its currency will increase. Just the opposite will happen if that country suffers an economic slowdown, or investors lose confidence in its markets.
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 is the difference between a fixed currency and a floating currency?
A fixed currency is used in countries where the value of the money is closely tied to the value of gold, or the value of another country's currency. A floating currency is one that changes depending on the state of the market, i. e. supply and demand.
What is a currency whose value is determined by the supply and demand for the currency in the market?
Pegged currency ^For me on apex 2022 :)
What is the difference between a floating and a pegged exchange rate?
pegged exchange rate is officially fixed in terms of gold or any other currency in foreign exchange. Floating exchange rate is flexible rate in which value of currency is allowed to adjust freely determined by the supply & demand of foreign exchange
If the supply and demand for currency determines the exchange rates this is called?
floating
Does Mexico use fixed or floating system?
Of currency exchange? Floating, as a free market should be.
The value of one's country's currency as compared to another country's currency?
Floating exchange rate
What is the name of paper money that was not backed by gold?
Floating currency.
What best explains why ice is capable of floating in liquid water?
because of its density
Can the Currency style format be used with a floating dollar?
Yes, to assign a floating dollar sign that appears immediately to the left of the first digit with no spaces, use the Currency style in the Format Cells dialog box.
