Answer:
Flexible
Explanation:
Flexible exchange rate system is a monetary system that is determined by the forces of demand and supply in the foreign exchange market, just like the price of a commodity. In response to the demand and supply change, the currency value is allowed to fluctuate freely without any form of government intervention or control by central banks.
What Individuals who buy and sell currency in international market think the currency is worth affects the flexible rates, and their judgments are centered on the strength of the economy, debt levels of the country and interest rates of central banks.
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Answer:
True
Explanation:
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Explanation:
La evolución social de la humanidad, según Morgan, había sido única y lineal, pasando por tres grandes etapas o períodos étnicos: el salvajismo, la barbarie y la civilización. Morgan dividió las dos primeras etapas de desarrollo en tres, quedando configurado su esquema evolutivo de la humanidad en siete períodos.