Under exchange-rate targeting, the central bank in the targeting country ________ lose the ability to pursue its own independent monetary policy and any shocks to the anchor country is ________ transmitted to the targeting country
A) does; directly
B) does not; directly
C) does; not directly
D) does not; not directly
A
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If a country has a capital and financial account surplus, that country's stock of international indebtedness is
A) increasing. B) decreasing. C) constant. D) zero.
In New York City, apartment rent can be adjusted only when a tenant leaves. This leads
A) people to change apartments often. B) landlords to encourage tenants to stay in their apartments. C) tenants to stay in apartments longer than they would otherwise. D) businesses to build new rental units.
The term market refers to the:
A. physical location where buyers and sellers meet to exchange goods for money. B. buyers and sellers who trade a particular good or service, not to a physical location. C. location where buyers go to fulfill their wants and needs. D. physical or virtual place of exchange.
Table 9-1 Output Consumption Investment Net Exports 1,000 800 500 100 1,500 1,200 500 100 2,000 1,600 500 100 2,500 2,000 500 100 3,000 2,400 500 100 3,500 2,800 500 100 4,000 3,200 500 100 ? In Table 9-1, the equilibrium level of output is
A. 2,500. B. 3,000. C. 3,500. D. 4,000.