Assume the exchange rate of the domestic currency is overvalued. What does the central bank need to do in order to keep the exchange rate fixed?
a. There is no need to intervene since the domestic currency is not undervalued.
b. It needs to increase the money supply by raising the discount rate.
c. It needs to sell the excess demand for foreign currency.
d. It needs to buy the excess supply of foreign currency.
e. It needs to decrease the money supply by lowering the discount rate.
Question 2
Cashing out capital gains in Virtual Currency System 3 (i.e., turning virtual capital gains into real world currencies) causes the nation's:
a. Monetary base to rise.
b. M2 money supply to fall.
c. M2 money multiplier to fall.
d. Monetary base to remain the same.
Effects of growth rate on development.
A nurse adjusts the rate of a client’s IV.
Relative rate test, calibrating the molecular clock, and calculating divergence dates.
How an Increase in Income Inequality Affects the Desired Tax Rate
What rate, compounded once every 3 years, is equivalent to 9% effective rate?