Answer:
A fixed exchange rate is a regime applied by a government or central bank ties the country's currency official exchange rate to another country's currency or the price of gold. The purpose of a fixed exchange rate system is to keep a currency's value within a narrow band.
Explanation:
In 2018, according to BBC News, Iran set a fixed exchange rate of 42,000 rials to the dollar, after losing 8% against the dollar in a single day. The government decided to remove the discrepancy between the rate traders used—60,000 rials—and the official rate, which at the time was 37,000.
Answer:
I think it's false but not that sure about it
Answer:
Listen and read critically. Fact-check thoroughly. Exercise historical perspective. Understand media technology and how it can distort the facts.
Explanation:
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Answer: It's true, this is an example of consumer misbehavior, however there are some factors to consider.
Explanation: Although it is pretty evident that Michelle bought the dress in the first place because she liked it, what was done afterwards can be labeled as misbehavior for her plan to have the money back despite the article she already used for the ocassion she planned to attend with it. However, the cashier plays his/her part with the story because there is no evidence of refusal coming from what Michelle intends to do.
