Why might the central bankers in emerging market economies focus more attention on a stable exchange rate than say the Federal Reserve or the European Central Bank?
What will be an ideal response?
For emerging market economies the level of imports and exports could represent a large percent of their total economy, and as a result unstable exchange rates could cause significant swings in the level of output and growth creating a large amount of systematic risk. In the U.S. and Europe, while the volume of international trade is large in absolute terms it is a smaller percentage of the total economy so the goal of stable exchange rates may be subordinated to other goals.
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Regression analysis is designed to show any systematic pay differences between men and women
A) that are based only on gender difference. B) that are based on differences in education levels and majors. C) that are based on differences in career choices. D) that are based on differences in job experience.
During the antebellum period, two systems of land use emerged—the self-sufficient system of the North, which did not rely on specialization, and the specialized system of the South, which concentrated the use of slaves
Indicate whether the statement is true or false
Graphically, an increase in the market demand for coffee is shown by:
a. a rightward movement along the market demand curve for coffee. b. a rightward shift in the market demand curve for coffee c. a leftward movement along the market demand curve for coffee. d. a leftward shift in the market demand curve for coffee.
If Sally Smith creates VCU1 by playing an online game, the effect is to cause the nation's:
a. Monetary base to fall. b. M2 money supply to fall. c. M2 money multiplier to remain the same. d. M2 money supply to rise.