In the ERM, each country fixed participant Collectively the group ________ against the rest of the world?

Related Mcqs:

Unemployment resulting from changes in the pattern of demand or supply in the economy is called _______ unemployment?

A. regional B. technological C. structural D. demand-deficient...

If the economy is at the peak of the business cycle, aggregate demand ____ unemployment _______ inflation _______ and the current account of the balance of payments is likely to move towards _______?

A. rise; falls; rise; deficit B. falls; rises; falls; surplus C. falls; falls; falls; surplus D. is static; low; rises; deficit...

In the absence of international capital controls, central banks set ________ to provide the correct incentive for speculators?

A. money supply targets B. income policy C. interest rates D. inflation targets...

Cyclical unemployment is the ?

A. Portion of unemployment that is due to the normal working of the labour market B. Portion of unemployment that is due to changes in the structure of the economy that results in a significant loss of jobs in certain industries. C. Unemployment that results when people become discouraged about their chances of finding a … Cyclical unemployment is the ?Read More...

Under floating exchange rates, expectations of higher interest rates are likely to cause an ____ of the exchange rate?

A. depreciation B. appreciation C. fall D. devaluation...