Assume that a country's government influences the exchange rate through active central bank intervention,with no pre-announced path.This policy is known as a(n):

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The policy described, in which a government actively intervenes in the exchange rate but does not pre-announce a specific path, is known as a managed floating exchange-rate policy. This option allows for some degree of flexibility in the exchange rate while also giving the government the ability to influence it through intervention when necessary.

Assume That a Country's Government Influences the Exchange Rate Through