A _____currency is one whose value is set primarily by market forces of supply and demand A. Pegged B. Floating c. Managed D. Depreciated

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter3: Analyzing And Recording Transactions
Section: Chapter Questions
Problem 3MC: The system of using a monetary unit, such as the US dollar, to value the transaction is known as...
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A _____currency is one whose value is set primarily by market forces of supply and demand

A. Pegged

B. Floating

c. Managed

D. Depreciated

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