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A fixed exchange rate is:?
A) determined by the market.
B) set by government.
C) set by the International Monetary Fund.
D) determined by the UN
1 Answer
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- Anonymous7 years ago
Determined by the Central bank. In the US, its called the FED (the fedreal reserve).
Given your options, (B) is the most appropriate answer.
Source(s): Major in Economics.
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