Under a crawling peg system, a country's exchange rate A) is ...

[joblessjake]

Under a crawling peg system, a country's exchange rate
 
  A) is fixed except for small, surprise changes.
  B) changes at a predetermined rate against the dollar or some other major currency.
  C) can fluctuate within a narrow band.
  D) can change, but the changes are kept secret from the public.
  E) is determined by the central bank of another country.

Question 2

If output per capita grows by a constant 5 per year, then the standard of living would grow by about ________ over 3 years.
 
  A) 12
  B) 16
  C) 17
  D) 18
  E) 20

[nikmaaacs]

Answer to Question 1

B

Answer to Question 2

B

[joblessjake]

Excellent

[samiel-sayed]

TYSM