A Disadvantage of Using a Pegged Currency System Is That

question 43

Multiple Choice

A disadvantage of using a pegged currency system is that:

• A)the country whose currency is pegged must decide on its own economic policies.
• B)the country whose currency is pegged does not have the option of adopting economic policies different from those of the country to which the currency is pegged.
• C)the cost of maintaining the peg is substantial and must be paid by those transacting business in the country whose currency is pegged.
• D)international currency markets shun currency whose value is pegged to another currency.

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\(x\)

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A mathematical expression, specifically a monomial, indicating the product of the constant 2 and the variable \(y\) raised to the fifth power.

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