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Author Question: Assume that a country's government influences the exchange rate through active central bank ... (Read 107 times)

swpotter12

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  • Posts: 527
on: Jun 30, 2018
Assume that a country's government influences the exchange rate through active central bank intervention, with no pre-announced path. This policy is known as a(n):
 a. floating exchange-rate policy.
  b. managed floating exchange-rate policy.
  c. fixed exchange-rate policy.
  d. crawling-peg exchange-rate policy.
  e. interventionist exchange-rate policy.

Question 2

The exchange rate of a currency will increase if the quantity demanded exceeds quantity supplied at the current exchange rate.
 a. True
  b. False
  Indicate whether the statement is true or false


Carliemb17

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


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