Explain how dollar cost averaging affects your returns when drawing down your portfolio, for example, by withdrawing a fixed dollar amount from a stock market indexed fund in retirement. give an example. explain how dollar cost averaging affects your returns when accumulating assets, as in saving a regular dollar amount and investing in a stock market indexed fund before retirement. give an example. if the rate of return on u.s. small cap stocks averages 12.5%, and inflation averages 2.5%, how long will it take for you to double the amount of an investment?
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Ответ:
Dirty float system.
Explanation:
The dirty float system is also knowns as "managed float".
It is a floating exchange rate in which the central bank of a particular country steps in occasionally to alter the pace at which the country's currency change value. In this system, the central bank acts to prevent external economics shock and guide against its disruptive effect on the domestic economy.