A Crawling Peg Refers To

question 32

Multiple Choice

A crawling peg refers to:

• A) a large and sudden currency depreciation.
• B) a fixed exchange rate regime in which the currency is adjusted very frequently to reflect market conditions.
• C) a managed or dirty float, depending on the business cycle.
• D) a drag on exchange rate adjustment caused by imperfect markets.

---

Definitions:

High School

An educational institution for teenagers, typically offering grades nine through twelve or similar, providing secondary education.

Memory

The ability of an organism to store, retain, and subsequently retrieve information.

English Word

A unit of language that is used to express something meaningful, composed of letters and used in the composition of sentences in the English language.

French Equivalent

Refers to a term, phrase, or expression in the French language that has the same meaning as a corresponding term in another language.