{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Econ 3229 Quiz 10

The euro depreciates c both the dollar and the euro

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
The euro depreciates c. Both the dollar and the euro depreciate d. The dollar appreciates and the euro depreciates 8. If the Fed were to enter the foreign exchange market and purchase euros, the impact on domestic banking reserves would be: a. The opposite of what it would be with an open market purchase b. Domestic banking reserves would decrease c. The same as it would be with an open market purchase d. Uncertain 9. If foreigners are restricted in their ability to sell investments in a country then that government is imposing: a. Controls on capital inflows b. Controls on capital outflows c. Controls on both capital inflows and outflows d. Fixed exchange rates 10. The United States would be characterized as having: a. A controlled domestic interest rate, a closed capital market and a flexible exchange rate b. A controlled domestic interest rate, an open capital market and a flexible exchange rate c. No control over the domestic interest rate, an open capital market and a flexible exchange rate d. A controlled domestic interest rate, an open capital market and a fixed exchange rate
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Ask a homework question - tutors are online