Which of the Following Statements Is True

question 89

Multiple Choice

Which of the following statements is true?

• A) An undervalued currency can be maintained indefinitely, while an overvalued currency can be maintained only for a limited time.
• B) An overvalued currency can be maintained indefinitely, while an undervalued currency can be maintained only for a limited time.
• C) Both undervalued and overvalued currencies can be maintained indefinitely.
• D) Both undervalued and overvalued currencies can be maintained only for a limited time.

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