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Under a Managed Float,a Country's Central Bank

Question 132

Multiple Choice

Under a managed float,a country's central bank


A) buys or sells its currency in order to keep its money supply stable
B) buys or sells its currency in order to maintain a stable exchange rate
C) may sell its currency in order to prevent a depreciation
D) may buy a foreign currency in order to prevent its appreciation
E) prints money and uses it to buy foreign currency

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