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Author Question: When an exchange rate is established as a fixed peg, active intervention may be required to maintain ... (Read 19 times)

ishan

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  • Posts: 546
on: Jun 30, 2018
When an exchange rate is established as a fixed peg, active intervention may be required to maintain the target-pegged rate.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

A decrease in foreign demand for U.S. exports will ____ the demand for U.S. dollars and cause the U.S. dollar to ____ in value.
 a. increase; appreciate
  b. increase; depreciate
  c. decrease; appreciate
  d. decrease; depreciate


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todom5090

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

True

Answer to Question 2

d


ishan

  • Member
  • Posts: 546
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

carlsona147

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  • Posts: 341
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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