Under a managed float ________.
A) currency values are determined only by private sector forces
B) central banks sometime manipulate exchange rates
C) countries agree to exchange paper currencies for gold
D) countries may adopt any exchange rate system

Question

Quizplus · Accepted Answer

Under a managed float exchange rate system, central banks may intervene in the currency markets to manipulate exchange rates, often to stabilize their currency's value or to achieve economic policy objectives.

Under a Managed Float ________