Everything else equal, a depreciation of the dollar against the yuan:
A) will not affect the quantity of dollars demanded.
B) will lead to a decrease in the quantity of dollars demanded.
C) will lead to an increase in the quantity of dollars demanded.
D) can either lead to an increase or a decrease in the quantity of dollars demanded depending on the magnitude of the depreciation.
Question 2
Which of the following is NOT a subgroup of the Federal Reserve System?
A) the Federal Open Market Committee B) the Federal Funds Market
C) the Federal Reserve Banks D) the Board of Governors