One Attribute of a Pegged Exchange Rate Is That It

question 104

Multiple Choice

One attribute of a pegged exchange rate is that it leads to

• A) a planned economy.
• B) low inflation.
• C) greater supply and demand.
• D) a lack of monetary discipline.
• E) a quick recession.

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Definitions:

Action Alternatives

Possible courses of action available for decision-making in various situations.

Consequences

The outcomes or results that follow from a specific action or decision, which can be intended or unintended, positive, or negative.

Uncertain

A state or condition of having incomplete knowledge or information, often leading to indecision or variability in outcomes.

Testing Criteria

The standards or requirements established to evaluate the performance, quality, or compatibility of a product or system.