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Author Question: Under the _____ arrangement, the exchange rate is adjusted periodically by small amounts at a fixed, ... (Read 70 times)

soccerdreamer_17

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on: Jun 30, 2018
Under the _____ arrangement, the exchange rate is adjusted periodically by small amounts at a fixed, pre-announced rate or in response to certain indicators.
 a. currency board
  b. crawling peg
  c. reserve currency
  d. conventional fixed peg
  e. independent float

Question 2

Margaret, who lives in Des Moines, has been saving for years in order to take a trip to England this summer. She would be happy if the dollar suddenly depreciates in value against the pound.
 a. True
  b. False
  Indicate whether the statement is true or false


steff9894

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

b

Answer to Question 2

False


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