A Phenomenon That Has Perplexed Many Is That Emerging Market

Multiple Choice

A phenomenon that has perplexed many is that emerging market economies have sought to ____ their foreign currency reserves, thus _____ the backing ratio to _____.

A) decrease; raising; more than 50%
B) increase; lowering; less than $15 billion
C) get rid of; lowering; less than $30 billion
D) increase; raising; more than 100%