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Author Question: If a country's central bank does not intervene in the foreign exchange market, the country has A) ... (Read 89 times)

tfester

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on: Jun 29, 2018
If a country's central bank does not intervene in the foreign exchange market, the country has
 
  A) a crawling peg exchange rate policy.
  B) a fixed exchange rate policy.
  C) a flexible exchange rate policy.
  D) no exchange rate policy.

Question 2

If required reserves are 150 and deposits are 1000, what is the required reserve ratio?
 
  A) 10 percent
  B) 15 percent
  C) 5 percent
  D) 85 percent


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macmac

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

C

Answer to Question 2

B


tfester

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

EAN94

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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