Author Question: What would the Fed have done if it had tried to keep the exchange rate at its 2001 level? A) buy ... (Read 77 times)

vinney12 · **on:** Jun 29, 2018

What would the Fed have done if it had tried to keep the exchange rate at its 2001 level?

A) buy dollars and sell euros
B) sell dollars and sell euros
C) sell dollars and buy euros
D) buy dollars and buy euros
E) None of the above is correct because the Fed cannot affect the exchange rate.

Question 2

Which of the following represents ownership of a firm?

A) commodities
B) stocks
C) bonds
D) loans
E) short-term securities