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Which of the following exchange rate regimes are considered hard pegs? a. Setting the exchange rate by legislation and then backing holding 100% reserves of foreign currency to back the amount of national currency in circulation. b. Controlling the domestic interest rate as needed to keep the exchange rate at or near a central value. c. Abandoning use of a national currency to use the currency of another country. d. Buying or selling reserves of foreign currency as needed to keep the exchange rate at or near a central value.
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