An IMF Study Concluded That Countries with Pegged Exchange Rate

Multiple Choice

An IMF study concluded that countries with pegged exchange rate regimes had an average annual inflation rate of ______________,compared with 14 percent for intermediate regimes and 16 percent for floating regimes.

A) 4 percent
B) 18 percent
C) 14 percent
D) 8 percent
E) 0.8 percent