Lately, the Chinese authorities seem to be backing away from ____ and the Yuan has ____ relative to the dollar.

A. managed-float; devalued
B. currency peg; depreciated
C. floating rate; revalued
D. currency peg; appreciated

Answer: D

Economics

You might also like to view...

As the price of capital falls, the quantity of capital that producers are willing and able to offer falls

a. True b. False Indicate whether the statement is true or false

Economics

According to neo-Keynesians, the long-run Phillips curve is essentially horizontal

Indicate whether the statement is true or false

Economics