Download App

Open Economy Macroeconomics — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsOpen Economy Macroeconomics1 Mark
Question
What is fixed exchange rate system?
✓

Answer

A system in which exchange rate is fixed by the government/monetary authorities and not determined by the market.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "Answer The Following Questions In One Sentence.[1 Marks Each]" from Open Economy Macroeconomics→Open Economy Macroeconomics — all question types→Economics STD 12 Humanities & Commerce question papers→Rajasthan Board STD 12 Humanities & Commerce question papers→Rajasthan Board question paper generator→

Similar questions

A straight line supply curve cuts X-axis in its positive range. What can you say about the elasticity of supply?
→
Distinguish between current account and capital account of balance of payments account.
→
Define normal profit.
→
What is selective credit control?
→
What does balance of payments account of a country record?
→
Define depreciation or consumption of fixed capital.
→
Define indirect tax. Give two examples of indirect taxes.
→
Draw a diagram showing inflationary gap.
→
Why is production possibility curve also called opportunity cost curve?
→
In the case of luxury items like diamond, decrease in demand decreases equilibrium price. Do you agree?
→