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For about $16 more, Fourseasons.com had the same room on the same night for a "flexible rate" of $309.35.
Devaluation (or the downward movement of a flexible rate) is thus not a remedy that makes other forms of official policy unnecessary.
Mussa had a simple but powerful insight: if prices were flexible, then all relative prices should be determined by "real" factors, and their behavior shouldn't change if, say, a country goes from a fixed exchange rate to a flexible rate or vice versa.
Flexible Rate Plans.
The set of data users request a flexible rate service.
It is known that IDM features high spectral efficiency and flexible rate adaptation [21].
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Hotels typically offer a broader range of flexible rates.
Yet several countries, including Argentina, have benefited from a fixed rate; and currency crises also affect countries with flexible rates.
Modern legislation sometimes establishes flexible rates, such as 2 percent above the (fluctuating) official discount rate of the country.
"It would not therefore be logical to provide more flexible rate-setting powers in Wales than in Scotland.
DBC provides a flexible rate-distortion (RD) criterion for shape coding applications, with a theoretical model for determining the optimal SP value for any admissible distortion being formulated.
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