« previous next »

Author Question: If the People's Bank of China adopted a flexible exchange rate policy A) the U.S. dollar would ... (Read 68 times)

penguins

  • Hero Member
  • *****
  • Posts: 903
on: Jun 29, 2018
If the People's Bank of China adopted a flexible exchange rate policy
 
  A) the U.S. dollar would depreciate.
  B) the U.S. dollar would appreciate.
  C) the yuan would depreciate.
  D) the yuan-U.S. dollar exchange rate would rise.

Question 2

Banks create money whenever they
 
  A) accept a deposit.
  B) lend excess reserves to a borrower.
  C) receive monthly payments on their loans.
  D) receive interest on existing loans.


Jmfn03

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

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Relations with China and Russia Relations with China and Russia
Offshore spawning stock biomass, Grand Bank Atlantic Cod since the early 1980s Offshore spawning stock biomass, Grand Bank Atlantic Cod since the early 1980s
People with night eating syndrome may consume more than half their day's calories between 8 pm ... People with night eating syndrome may consume more than half their day's calories between 8 pm ...
Flexible exchange rates are supposed to prevent long-term trade deficits. Flexible exchange rates are supposed to prevent long-term trade deficits.
Consequences of a double exchange occurring between two nonsister chromatids Consequences of a double exchange occurring between two nonsister chromatids
Rate order question Rate order question
Video: New DNA Strand Replication

For a complete list of videos, visit our video library