The Value of Surnum's,a Developing Economy,currency Is Fixed Relative to the U.S.dollar.The

question 2

Multiple Choice

The value of Surnum's,a developing economy,currency is fixed relative to the U.S.dollar.The exchange rate between the Surnum currency and other currencies is determined by the dollar exchange rate.Surnum's exchange rate is

• A)flexible.
• B)pegged.
• C)real.
• D)dirty-float.
• E)floating.

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