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NASDAQ: The National Association of Securities Dealers Automated Quotation. It is the stock price index used to measure the relative value of stocks traded over the NASD. This widely used composite index is based on the prices of 5,000 of these over-the-counter stocks.
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FIXED EXCHANGE RATE: An exchange rate that's established at a given level and maintained through government (usually central bank) actions. To fix the exchange rate, a government must be willing to buy and sell currency in the foreign exchange market in whatever amounts are necessary. A fixed exchange rate typically disrupts a nation's balance of trade and balance of payments. If the exchange rate is fixed too low, then a government needs to sell it's currency in the foreign exchange market, and may end up expanding the money supply too much, which then causes inflation. If the exchange rate is fixed too high, then export sales to other countries are curtailed and the economy is likely to slide into a recession. See also | exchange rate | currency | money | foreign exchange market | balance of trade | balance of payments | money supply | export | import | floating exchange rate | managed float | J curve |
Recommended Citation:FIXED EXCHANGE RATE, AmosWEB GLOSS*arama, http://www.AmosWEB.com, AmosWEB LLC, 2000-2025. [Accessed: November 15, 2025].
AmosWEB Encyclonomic WEB*pedia:Additional information on this term can be found at: WEB*pedia: fixed exchange rate
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VOTING RULES The guidelines followed by groups of individuals or members of society when making collective or joint decisions that involve casting formal indications of choice (that is, votes). The five most noted voting rules are majority, super majority, unanimity, plurality, and weighted. These rules determine if a choice is or is not approved by the voting group. Voting rules are important for the study of public choice and government inefficiencies that arise in the voting process due to the median voter, logrolling, and the voting paradox.
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PINK FADFLY
[What's This?]
Today, you are likely to spend a great deal of time watching infomercials seeking to buy either a packet of address labels large enough for addresses of both the sender and the recipient or a key chain with a built-in flashlight and panic button. Be on the lookout for a thesaurus filled with typos.
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John Maynard Keynes was born the same year Karl Marx died.
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"Do something wonderful; people may imitate it. " -- Albert Schweitzer, theologian, physician
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HSI
Hang Seng Index (Hong Kong)
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