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Author Question: For a country with a fixed exchange rate, foreign exchange reserves are A) an asset of the ... (Read 112 times)

@Brianna17

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on: Jun 30, 2018
For a country with a fixed exchange rate, foreign exchange reserves are
 
  A) an asset of the domestic government.
  B) a liability of the domestic government.
  C) held by private banks.
  D) are unnecessary.

Question 2

Financial institutions that cut back on their lending are engaged in ________.
 
  A) liability management
  B) deleveraging
  C) financial innovation
  D) torsion control


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bdobbins

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

B


@Brianna17

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

adammoses97

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Reply 3 on: Yesterday
Wow, this really help

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