A monetary policy strategy that uses a fixed exchange rate regime that ties the value of a currency to the currency of a large, low inflation country is called ________ targeting
A) exchange-rate
B) currency
C) monetary
D) inflation
A
Economics
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Explain why it is unwise to bid more than your valuation of the good in a sealed bid second-price auction
What will be an ideal response?
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An increase in the price of a good will a. increase demand
b. decrease demand. c. increase quantity demanded. d. decrease quantity demanded.
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With a fixed supply of money, as GDP rises, the demand for money ____ and therefore ____ must rise to encourage savers to hold financial assets instead of cash.
A) falls; prices B) rises; incomes C) rises; rates of interest D) falls; taxes
Economics
The Board of Governors of the Federal Reserve System has how many governors?
A. 7 B. 5 C. 12 D. 50
Economics