Exchange rates a. are always fixed between the currencies of two countries. O b. fluctuate to equate interest rates in various countries. O c. fluctuate to equate imports and exports. d. fluctuate according to agreements between the governments of various countries. e. fluctuate to equate the quantity of foreign exchange demanded with the quantity supplied.

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
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Chapter1: Making Economics Decisions
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Exchange rates
a. are always fixed between the currencies of two countries.
b. fluctuate to equate interest rates in various countries.
c. fluctuate to equate imports and exports.
d. fluctuate according to agreements between the governments of various countries.
e. fluctuate to equate the quantity of foreign exchange demanded with the quantity supplied.
Icon Key
prt sc
home
F8
$
F5
5
F6
A
6
F7
7
F9
F10
Transcribed Image Text:Exchange rates a. are always fixed between the currencies of two countries. b. fluctuate to equate interest rates in various countries. c. fluctuate to equate imports and exports. d. fluctuate according to agreements between the governments of various countries. e. fluctuate to equate the quantity of foreign exchange demanded with the quantity supplied. Icon Key prt sc home F8 $ F5 5 F6 A 6 F7 7 F9 F10
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