To prevent the dollar from depreciating, the U.S. central bank that tries to fix the currency value of the dollar can
A) buy U.S.dollars in the foreign exchange market.
B) sell U.S.dollars in the foreign exchange market.
C) abandon the U.S.dollar and use another country's currency as its legal currency.
D) buy foreign currencies in the foreign exchange market.
Answer: A) buy U.S.dollars in the foreign exchange market.
You might also like to view...
In a factoring arrangement, the bank lends the business money using inventory as collateral.
Answer the following statement true (T) or false (F)
Which of the following involves settling accounts and liquidating assets of a partnership for the purpose of making distributions and ending the partnership?
a. Debt resolution b. Bypassing formalities c. Termination d. Winding-up
How many columns will the relation PRODUCT have in the relational schema mapped from the ABC Retailer ER diagram?
A) 2 B) 3 C) 4 D) 5
Indra is an employee who is required to be on-call at her employer's site once per month for eight hours. She earns a salary of $58,750 per year for a 45-hour workweek and is paid biweekly. What is Indra's gross pay for a pay period that includes on-call time? (Do not round interim calculations. Round final answer to two decimal places.)
A) $2,447.92 B) $2,259.62 C) $2,460.47 D) $2,648.77