Argentina's economic performance in the 1990s while their peso was pegged to the U.S. dollar can be characterized as ________ rates of inflation and ________ rates of unemployment.
A) high; high
B) low; low
C) low; high
D) high; low

Question

Quizplus · Accepted Answer

Argentina's economic performance in the 1990s while their peso was pegged to the U.S. dollar can be characterized by low rates of inflation, which was the main reason for the peg, and high rates of unemployment.

Argentina's Economic Performance in the 1990s While Their Peso Was