This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a country's central bank does not intervene in the foreign exchange market, the country has A) ... (Read 56 times)

tfester

  • Hero Member
  • *****
  • Posts: 534
on: Jun 29, 2018
If a country's central bank does not intervene in the foreign exchange market, the country has
 
  A) a crawling peg exchange rate policy.
  B) a fixed exchange rate policy.
  C) a flexible exchange rate policy.
  D) no exchange rate policy.

Question 2

If required reserves are 150 and deposits are 1000, what is the required reserve ratio?
 
  A) 10 percent
  B) 15 percent
  C) 5 percent
  D) 85 percent


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

macmac

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


tfester

  • Member
  • Posts: 534
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

The Central Dogma of Genetics The Central Dogma of Genetics
The Lion Gate of Mycenae (detail)—two lionesses flank the central column, c. 1300 B The Lion Gate of Mycenae (detail)—two lionesses flank the central column, c. 1300 B
All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co All of the homes in this new neighborhood of Brentwood, California, are for sale, evidence of the co
The respiratory system and the process of gas exchange. The respiratory system and the process of gas exchange.
Stock Market Tracks Growth in GDP Stock Market Tracks Growth in GDP
The central dogma of biology The central dogma of biology
Video: Aneurysm

For a complete list of videos, visit our video library