Question: A crawling peg refers to: a managed or dirty float, depending on the business cycle. O a large and sudden currency depreciation. a drag on

A crawling peg refers to: a managed or dirty float, depending

A crawling peg refers to: a managed or dirty float, depending on the business cycle. O a large and sudden currency depreciation. a drag on exchange rate adjustment caused by imperfect markets. a fixed exchange rate regime in which the currency is adjusted very frequently to reflect market conditions

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