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Which of the following statements is NOT true according to the impossible trinity? a . A pegged currency can achieve stable exchange rate and free
Which of the following statements is NOT true according to the impossible trinity?
a A pegged currency can achieve stable exchange rate and free capital flow sacrificing the central bank's independent monetary policy.
b A freefloat currency can achieve free capital flow and the central bank's independent monetary policy sacrificing stable exchange rate.
c Exchange rates among currencies that are pegged to US Dollar USD are unstable and hard to predict.
d Monetary independence and free capital flow can be achieved by sacrificing stable exchange rates.
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