举一反三
- Under a floating exchange rate, the government or central bank ties the official exchange rate to another country's currency or to the price of gold.
- Which behaviors below will increase monetary aggregates ( ). A: The central bank purchases gold B: The central bank purchases foreign exchanges on foreign exchange market C: The central bank purchases government bonds D: Commercial banks sell foreign exchanges on foreign exchange market E: The central bank raises required reserve ratio
- When a country under a floating exchange rate regime has a deficit in the balance of payments, the government could change in foreign exchange reserves and money supply to affect economic indicators, and further improve its status of balance of payments disequilibrium. （）
- A fixed exchange rate regime means the currency price is set by the forex market based on supply and demand.
- Under which of the following policies does the government enter the foreign exchange market and buy or sell foreign currency in order to influence the exchange rate of the domestic currency? A: Exchange controls B: Capital controls C: Official intervention D: Adjustable peg
内容
- 0
When a country under a floating exchange rate regime has a deficit in the balance of payments, the government could change in foreign exchange reserves and money supply to affect economic indicators, and further improve its status of balance of payments disequilibrium. （） A: 正确 B: 错误
- 1
Which of the following is NOT part of a country's "economic fundamentals"? A: the amount of speculation conducted with a nation's currency B: policies pursued by the nation's government C: the national currency's exchange rate D: policies pursued by the nation's central bank
- 2
Currency crises may result from_______. ( ) A: speculative attacks on the currency or central banks purchasing excessive amounts of government bonds. B: political upheaval leading to lowering exports. C: a reconfiguration of central bank balance sheets. D: central bank balance sheets with higher liabilities than assets.
- 3
The core of the European monetary system is( ) A: European Currency Unit B: European central exchange rate system C: European Monetary Fund D: European Central Bank
- 4
The difference between a free floating exchange rate and a managed floating exchange rate is A: under managed float government intervention plays a role in determining the exchange rate. B: free floating exchange rates can only appreciate or depreciate by 5 units per day. C: the equilibrium exchange rate is always higher for managed float rates. D: all of the above