Author Question: If a country's central bank does not intervene in the foreign exchange market, the country has A) ... (Read 58 times)

tfester · **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