Author Question: A key international institution that plays an important role in exchange rate determination is the ... (Read 86 times)

leo leo · **on:** Jun 30, 2018

A key international institution that plays an important role in exchange rate determination is the

A) U.S. Currency Board.
B) European Central Bank.
C) World Bank.
D) International Monetary Fund.

Question 2

Why don't consumers work in the two-period model?

A) It's a convenient simplification.
B) It would make no difference to the model if consumers could work.
C) People who participate in real-world credit markets do not work.
D) We don't know how to include workers in the model.