During the Chinese Experience with Pegging the Yuan to the Dollar,the

Multiple Choice

During the Chinese experience with pegging the yuan to the dollar,the yuan was ________.As a result,there was a ________ of dollars on the market,and the Chinese government had to purchase dollars to maintain the peg.

A) overvalued; shortage
B) undervalued; surplus
C) overvalued; surplus
D) undervalued; shortage