menu
Sign up

Everything Else Held Constant, If a Central Bank Makes a Sterilized

Question 15
Multiple Choice

Everything else held constant, if a central bank makes a sterilized sale of foreign assets, then the domestic currency will A) appreciate. B) depreciate. C) either appreciate, depreciate, or remain constant. D) not be affected.

Related questions
Q 16
If the United States has a current account deficit with England of $1 million, and the Bank of England sells $1 million worth of pounds in the foreign exchange market, then England ________ $1 million of international reserves and its monetary base ________ by $1 million. A) gains; rises B) gains; falls C) loses; rises D) loses; falls
Q 17
The difference between merchandise exports and imports is called the ________ balance. A) current account B) capital account C) official reserve transactions D) trade
Q 18
The account that shows international transactions involving currently produced goods and services is called the A) trade balance. B) current account. C) balance of payments. D) capital account.
logo
© 2020-2021 Cozyplus FZ LLC. All rights reserved