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.
What motives producers to either <span>enter or leave the market is the prices and the willing for choice
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Answer:
The executive branch of the U.S. government is responsible for enforcing laws; its power is vested in the President. The President acts as both the head of state and commander-in-chief of the armed forces. Independent federal agencies are tasked with enforcing the laws enacted by Congress.
Fail to maintain tax free system- tax get imposed & people unwillingness to pay tax , there is always budget deficit instate of surplus. panchayat officers ignorant about social responsibility & are handicap for decision making at local level. central fail to decide norms for local govt & effectiveness.
