Author Question: For a country with a fixed exchange rate, foreign exchange reserves are A) an asset of the ... (Read 93 times)

@Brianna17 · **on:** Jun 30, 2018

For a country with a fixed exchange rate, foreign exchange reserves are

A) an asset of the domestic government.
B) a liability of the domestic government.
C) held by private banks.
D) are unnecessary.

Question 2

Financial institutions that cut back on their lending are engaged in ________.

A) liability management
B) deleveraging
C) financial innovation
D) torsion control