By fixing its exchange rate, China is most likely A) achieving ...

[cartlidgeashley]

By fixing its exchange rate, China is most likely
 
  A) achieving a low inflation rate by anchoring to the U.S. inflation rate.
  B) keeping its export prices low.
  C) making it easier to compete in world markets.
  D) Both B and C.

Question 2

Commercial banks are able to create money by
 
  A) printing Federal Reserve Notes.
  B) making loans.
  C) making customers pay back their loans.
  D) exchanging their reserves at the Fed for currency.

[kescobar@64]

Answer to Question 1

A

Answer to Question 2

B

[cartlidgeashley]

Thanks for the timely response, appreciate it

[diana chang]

TYSM