The real exchange rate is the A) relative price of U.S. ...

[fahad]

The real exchange rate is the
 
  A) relative price of U.S. produced output relative to foreign-produced output.
  B) price of foreign goods relative to the price of domestic goods.
  C) trade-weighted index.
  D) current account balance.

Question 2

Required reserves for a commercial bank
 
  A) are the minimum reserves that a bank must hold to back its deposits.
  B) are the reserves that a bank plans to hold in the bank's vault.
  C) are only the money used by the bank tellers.
  D) consist only of the bank's deposits at the Fed.

[matt]

Answer to Question 1

A

Answer to Question 2

A

[fahad]

Thanks for the timely response, appreciate it

[LVPMS]

TYSM