Which type of currency is kept at a high artificial exchange ...

[mspears3]

Which type of currency is kept at a high artificial exchange rate, is often overvalued, and is controlled by the national government?
 a. Hard currency c. Pegged currency
  b. Soft currency d. Variable currency

Question 2

Legitimacy of an innovation refers to the legality of its channels of distribution.
 
 Indicate whether the statement is true or false

[momolu]

Answer to Question 1

B
Hard currency is currency that is accepted for payment by any international seller. Soft currency is currency that is kept at a high artificial exchange rate and is controlled by the national government.

Answer to Question 2

False

[mspears3]

Wow, this really help

[Liddy]

Thanks for the timely response, appreciate it