Question: 10-Which of the statement is defined false A) A fixed, or pegged, rate is a rate the government (central bank) sets and maintains as the

 10-Which of the statement is defined false A) A fixed, or

10-Which of the statement is defined false A) A fixed, or pegged, rate is a rate the government (central bank) sets and maintains as the official exchange rate. B) A floating exchange rate is determined by the private market through supply and demand. C) In a floating regime, the central bank may also intervene when it is necessary to ensure stability and to avoid inflation. D) All of the above is true

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