This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The People's Bank of China has A) allowed a flexible exchange rate to boost exports. B) managed ... (Read 118 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
on: Jun 29, 2018
The People's Bank of China has
 
  A) allowed a flexible exchange rate to boost exports.
  B) managed its exchange rate to help control inflation.
  C) strictly followed a fixed exchange rate to boost exports.
  D) purchased U.S. dollars to appreciate the yuan.

Question 2

Whenever a bank's actual reserves exceed its desired reserves, the bank
 
  A) can lend out additional funds.
  B) needs to call in loans.
  C) will go out of business.
  D) must increase the amount of its required reserves by obtaining more cash.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaygar71

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


panfilo

  • Member
  • Posts: 572
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Chelseyj.hasty

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Pacific hagfish at 150 meters depth, California, Cordell Bank National Marine Sanctuary. Pacific hagfish at 150 meters depth, California, Cordell Bank National Marine Sanctuary.
People have seen patterns in the stars since ancient times.[5] This 1690 depiction of the constellat People have seen patterns in the stars since ancient times.[5] This 1690 depiction of the constellat
Eugène Delacroix, Liberty Leading the People. Eugène Delacroix, Liberty Leading the People.
Offshore spawning stock biomass, Grand Bank Atlantic Cod since the early 1980s Offshore spawning stock biomass, Grand Bank Atlantic Cod since the early 1980s
Population growth in India, China, Africa, and other countries in the developing world Population growth in India, China, Africa, and other countries in the developing world
The respiratory system and the process of gas exchange The respiratory system and the process of gas exchange
Video: Spinal Cord Injury Animation

For a complete list of videos, visit our video library