Author Question: The real exchange rate is the A) relative price of U.S. produced output relative to ... (Read 111 times)

fahad · **on:** Jun 29, 2018

The real exchange rate is the

A) relative price of U.S. produced output relative to foreign-produced output.
B) price of foreign goods relative to the price of domestic goods.
C) trade-weighted index.
D) current account balance.

Question 2

Required reserves for a commercial bank

A) are the minimum reserves that a bank must hold to back its deposits.
B) are the reserves that a bank plans to hold in the bank's vault.
C) are only the money used by the bank tellers.
D) consist only of the bank's deposits at the Fed.