Waec 2024 Economics Question 47

Practice objective / multiple choice question 47 from the 2024 Waec Economics examination. This question covers Economics .

Waec 2024 Economics Objective / Multiple Choice 2 Difficulty
Topic: Economics
Question 47 WAEC • 2024 • ECONOMICS • objective

The exchange-rate system under which a nation's exchange rate is set at a certain level and maintained at that level is called a

Answer Options

A. floating exchange rate system.
B. flexible exchange rate system.
Correct Answer C. fixed exchange rate system.
D. managed exchange rate system.
Correct Answer
C
Correct Option:
fixed exchange rate system.

About This Question

This is Waec 2024 Economics Question 47. It is one of the objective questions from the 2024 Waec Economics examination.

The question covers Economics .

Difficulty level: 2 .

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