The Guidotti-Greenspan Rule Suggests That Foreign Exchange Reserves a Sufficient

Multiple Choice

The Guidotti-Greenspan rule suggests that foreign exchange reserves a sufficient when they

A) Cover 3 months of imports
B) are equal to 20% of GDP
C) are equal to the value of foreign currency debt
D) are equal to 20% of M2
E) are equal to short term debt of one year maturity or less