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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.
Which of e following best explains what happens to the exchange rate of a floating currency?
The exchange rate of a floating currency is determined by market forces, primarily supply and demand for that currency in the foreign exchange market. Factors such as interest rates, inflation, political stability, and economic performance influence these dynamics. When demand for a currency increases, its value rises; conversely, if demand decreases or supply increases, the currency's value falls. This continuous fluctuation reflects the relative economic conditions of the countries involved.
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 best describes the economic value of the Euphrates?
Transportation
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.
Which of e following best explains what happens to the exchange rate of a floating currency?
The exchange rate of a floating currency is determined by market forces, primarily supply and demand for that currency in the foreign exchange market. Factors such as interest rates, inflation, political stability, and economic performance influence these dynamics. When demand for a currency increases, its value rises; conversely, if demand decreases or supply increases, the currency's value falls. This continuous fluctuation reflects the relative economic conditions of the countries involved.
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 best describes the economic value of the Euphrates?
Transportation
What is the best value currency to use for international transactions?
The best value currency to use for international transactions is typically the US dollar (USD) due to its widespread acceptance and stability in the global market.
Which term best describes a value that change or is unknown?
variable
What best describes the exchange of currencies?
In currency exchange, money from one country is bought using money from another country.
What best describes what production accomplish?
Value added to resources that already exist.
What is 240 hong kong worth in NZ dollars?
Since NZ has a floating currency, the best place for this question is in the exchange rates in the newspaper, or an enquiry at a bank.
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.
Which term best describes the set of all possible output value for a function?
Range.
