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Author Question: Which of the following defines a hard peg? A) An exchange rate determined by the market B) An ... (Read 170 times)

mynx

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on: Jun 30, 2018
Which of the following defines a hard peg?
 
  A) An exchange rate determined by the market
  B) An exchange rate that fluctuates within a set band
  C) An exchange rate that is not allowed to vary
  D) An exchange rate that is backed by gold

Question 2

A lender of last resort can prevent the spread of financial crises.
 
  Indicate whether the statement is true or false


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JCABRERA33

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Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


mynx

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

lindahyatt42

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Reply 3 on: Yesterday
Excellent

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