Author Question: The central bank in the United States is the ________. A) Federal Reserve System B) U.S. ... (Read 203 times)

vHAUNG6011 · **on:** Jul 7, 2018

The central bank in the United States is the ________.

A) Federal Reserve System
B) U.S. Exchange Reserve
C) Board of Governors
D) U.S. Treasury

Question 2

An inconvertible currency ________.

A) is a foreign exchange transaction that is consummated immediately
B) is a foreign exchange transaction that occurs sometime in the future
C) involves currencies that are not freely tradable
D) involves a transaction in which the same currency is bought and sold simultaneously