Which of the following best explains the difference between a fixed currency and a floating currency?
O A. The value of a floating currency fluctuates wildly while the value of
a fixed currency changes only slightly
B. The price of a floating currency is determined by the currency
exchange market while the price of a fixed currency is connected to
the price of some other commodity.
C. The exchange rate for a floating currency is determined by the
price of gold while the exchange rate for a fixed currency never
changes.
D. The amount of goods that a floating currency will buy changes
while the amount of goods a fixed currency will buy is established
by the government.