If misadjusted, the picture looks too out or bright objects bloom.
如果失调, 画面会看起来暗淡,明亮的物体看起来会太晃眼.
As one of the core issue of exchange rate theories, equilibrium exchange-rate is not only a standard to judge whether the exchange-rate is misadjusted, but also an important basis of whether exchange-rate policy needs to be adjusted.
而均衡汇率作为汇率理论中的最核心问题之一,不仅是判断汇率水平是否失调的标准,而且是汇率政策是否需要调整的重要依据。
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