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Author Question: The People's Bank of China has A) allowed a flexible exchange rate to boost exports. B) managed ... (Read 57 times)

panfilo

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on: Jun 29, 2018
The People's Bank of China has
 
  A) allowed a flexible exchange rate to boost exports.
  B) managed its exchange rate to help control inflation.
  C) strictly followed a fixed exchange rate to boost exports.
  D) purchased U.S. dollars to appreciate the yuan.

Question 2

Whenever a bank's actual reserves exceed its desired reserves, the bank
 
  A) can lend out additional funds.
  B) needs to call in loans.
  C) will go out of business.
  D) must increase the amount of its required reserves by obtaining more cash.


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jaygar71

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


panfilo

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

isabelt_18

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Reply 3 on: Yesterday
Excellent

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