Multiple Choice
Under a fixed exchange rate system,a balance of payments surplus may:
A) decrease the country's money supply if there is a non-sterilized central bank intervention.
B) decrease the country's money supply if there is a sterilized central bank intervention.
C) increase the country's money supply if there is a non-sterilized central bank intervention.
D) increase the country's money supply if there is a sterilized central bank intervention.
Correct Answer:
Verified
Correct Answer:
Verified
Q40: A trade deficit means:<br>A)the country has positive
Q41: Exports are positively related to domestic income
Q42: As a currency depreciates:<br>A)exports increase and imports
Q43: In the foreign exchange market,a balance of
Q44: Using the foreign exchange market diagram,graphically illustrate
Q46: An expansionary monetary policy,all else equal,will:<br>A)depreciate the
Q47: In 1997,the Thai government was unable to
Q48: Exports are:<br>A)positively related to income in the
Q49: An increased supply of U.S.dollars on the
Q50: An international organization created at the Bretton