If a Country's Currency Is "Pegged" to the Dollar,its Exchange

question 75

Multiple Choice

If a country's currency is "pegged" to the dollar,its exchange rate is

• A)floating.
• B)flexible.
• C)fixed.
• D)undervalued.

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Definitions:

An Instinct

An innate, typically fixed pattern of behavior in animals in response to certain stimuli that is unlearned.

An Instinct

A fixed, innate pattern of behavior in animals in response to certain stimuli.

Robins

Small, common songbirds known for their reddish-orange breasts and melodious songs.

Build Nests

The behavior employed by certain animals, mainly birds and some mammals, to create a safe place for laying eggs or raising their young.