Question: Choose the statement about a crawling peg that is correct. a). a crawling peg is not influenced by actions of the central bank b). a
Choose the statement about a crawling peg that is correct.
a). a crawling peg is not influenced by actions of the central bank
b). a crawling peg makes the exchange rate fluctuate wildly.
c). when China abandoned its fixed exchange rate, it replaced it with a crawling peg.
d). the Fed operated a crawling peg in the decade following World War II.
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