IMF?, In saying that the present system of floating exchange rates is managed we mean

IMF?

In saying that the present system of floating exchange rates is managed we mean that: IMF officials determine exchange rates on a day-to-day basis. countries that allow their exchange rate to move freely will lose their borrowing privileges with the IMF. the value of any IMF member's currency can only vary 2 percent from its par value. the central banks of various countries sometimes buy and sell foreign exchange to alter undesirable trends in exchange rates.

View Complete Question

Related Questions in Macroeconomics

Q : Problem on diminishing marginal utility

An illustration of how marginal utility diminishes takes place when: (1) Derek finds it tough to laugh politely when he hears a “new” joke for the fourth time now. (2) Amy Sue chooses she would instead have 150 hogs than 151 on her pig far

Q : Difference between APC and MPC

Differentiate between APC and MPC. The value of which of them can be greater than another and when? Answer: APC is the average

Q : Value of fiscal deficit Evaluate the

Evaluate the value of fiscal deficit when primary deficit is 53,000 crores and interest on borrowings is Rs 5,000 crores?

Q : Perfectly substitutable outcome Firms

Firms which serve customers who vision the firm’s output as perfectly substitutable for the outcomes of huge numbers of other firms confront: (i) Horizontal (that is, perfectly price elastic) demand curves. (ii) Predatory pricing from greater mo

Q : Shifting of market problem When this

When this market starts in equilibrium at point e on S0D0 and then young American families rousingly “inherit” furniture as their baby-boomer parents shift into smaller retirement homes, then this market will tend to shift in the direction of: (i) point i.

Q : Fiscal deficit in government budget

What does fiscal deficit in government budget mean? Answer: This means more borrowing on the portion of government.

Q : National income Gross domestic capital

Gross domestic capital formation is always greater than gross fixed capital formation

Q : Determining bank problem Which of the

Which of the given is a bank? a) Post office saving banks (b) LIC (c) UTI (d) IDBI.

Q : Resolving disequilibrium between the

Assume that you consume bananas and apples, and the marginal utility of the last apple consumed is 6 times the marginal utility of last banana consumed. Though, the price of apples is only 3 times the price of bananas. This disequilibrium among the two goods can be re

Q : Market price decrement according to

When heroin were legalized, in that case the: (w) market price of heroin would drop considerably. (x) demand would raise although supply would decrease. (y) demand would decrease but supply would increase. (z) price of cocaine would raise.

Discover Q & A

Leading Solution Library

Avail More Than 1452259 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1941706
Asked

3,689

Active Tutors

1452259

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment