It is possible for an economy to keep its currency overvalued against the dollar if:
A) it sells the domestic currency in the foreign exchange market.
B) it has substantial domestic currency reserves.
C) it buys the dollar in the foreign exchange market.
D) it has substantial dollar reserves.
D
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In 2007, the interest rate banks in France charge each other for loans was 4.86 percent. The inflation rate in France in 2007 was 2.8 percent. The real interest rate in France is
A) 7.62 percent B) 2.06 percent. C) 0.58 percent. D) 13.6 percent.
A rising price level decreases consumption by decreasing the real value of household wealth
Indicate whether the statement is true or false
Everything else held constant, an increase in interest rates on student loans
A) increases the cost of a college education. B) reduces the cost of a college education. C) has no effect on educational costs. D) increases costs for students with no loans.
The Bureau of Labor Statistics produces data on unemployment and other aspects of the labor market from a regular survey of about 600 households, called the Current Population Survey
a. True b. False Indicate whether the statement is true or false