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Author Question: Which type of currency is kept at a high artificial exchange rate, is often overvalued, and is ... (Read 103 times)

mspears3

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on: Jun 29, 2018
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


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momolu

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Reply #1 on: Jun 29, 2018
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

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

softEldritch

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Reply 3 on: Yesterday
Excellent

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