Interest rate increases lead to currency appreciation and increases in net exports
a. True
b. False
Indicate whether the statement is true or false
False
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An open market sale of T-bonds by the Fed causes the money supply to
a. fall and bond prices to fall. b. rise and bond prices to fall. c. rise and bond prices to rise. d. fall and bond prices to rise.
Which of the following contributed to the sharp economic downturn during 2008?
a. rising housing and stock prices b. falling housing and stock prices c. rising housing prices but falling stock prices d. falling housing prices but rising stock prices
Monetary policy is determined by
a. the president and Congress and involves changing government spending and taxation. b. the president and Congress and involves changing the money supply. c. the Federal Reserve and involves changing government spending and taxation. d. the Federal Reserve and involves changing the money supply.
Which of the following actions did Congress NOT take in the 1930s, in an effort to prevent future financial crises like the stock market crash of 1929?
A. Federal Reserve Act B. Glass-Steagall Banking Act C. Formation of the FDIC D. Formation of the SEC