Soft pegs that are periodically adjusted are called
A)crawling pegs.
B)hard pegs.
C)snakes.
D)managed floats.

Question

Quizplus · Accepted Answer

Soft pegs that are periodically adjusted are called crawling pegs. Hard pegs are fixed exchange rates that are not adjusted, snakes are a type of exchange rate arrangement that involves a group of currencies, and managed floats are exchange rates that are allowed to fluctuate within a certain range but are occasionally intervened by central banks.

Soft Pegs That Are Periodically Adjusted Are Called