This topic contains a solution. Click here to go to the answer

Author Question: Regarding IBFs, which of the following is correct? A) not subject to reserve requirements B) not ... (Read 58 times)

karlynnae

  • Hero Member
  • *****
  • Posts: 599
Regarding IBFs, which of the following is correct?
 
  A) not subject to reserve requirements
  B) not subject to interest rate regulations
  C) were created to permit U.S. banking offices to compete with offshore banks without having to use an offshore banking office
  D) All of the above.

Question 2

Under fixed exchange rates, which one of the following statements is the MOST accurate?
 
  A) Devaluation causes a rise in output.
  B) Devaluation causes a decrease in output.
  C) Devaluation has no effect on output.
  D) Devaluation causes a rise in output and a decrease in official reserves.
  E) Devaluation causes a decrease in output and in official reserves.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

honnalora

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

D

Answer to Question 2

A




karlynnae

  • Member
  • Posts: 599
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


DylanD1323

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Excellent

 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

For a complete list of videos, visit our video library