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tthomp96 tthomp96
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5 years ago
China began pegging its currency, the yuan, to the dollar in 1994.  Because the yuan has been ________ at the pegged exchange rate, the Chinese government ________ its reserves of dollars as the government purchased more ________ to maintain the pegged exchange rate.
A) undervalued; increased; dollars
B) undervalued; decreased; yuan
C) overvalued; decreased; yuan
D) overvalued; iAnswer: ; yuan
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InMacro

InMacro


Edition: 1st
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MaargarytaSizMaargarytaSiz
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tthomp96 Author
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5 years ago
Thanks for your help!!
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this is exactly what I needed
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