The People's Bank of China has A) allowed a flexible exchange ...

[panfilo]

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.

[jaygar71]

Answer to Question 1

B

Answer to Question 2

A

[panfilo]

Thanks for the timely response, appreciate it

[dreamfighter72]

Excellent