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Author Question: Which of the following defines a soft peg? A) An exchange rate determined by the market B) An ... (Read 33 times)

corkyiscool3328

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on: Jun 30, 2018
Which of the following defines a soft 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

Which multilateral institution serves as the lender of last resort?
 
  What will be an ideal response?


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gasdhashg

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

B

Answer to Question 2

The IMF


corkyiscool3328

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

gcook

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Reply 3 on: Yesterday
Excellent

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