Which of the following is not a major actor in the foreign exchange market?
A: corporations
B: central banks
C: commercial banks
D: non-bank financial institutions
E: tourists
A: corporations
B: central banks
C: commercial banks
D: non-bank financial institutions
E: tourists
举一反三
- Which major actor is at the center of the foreign exchange market? ( ) A: non-bank financial institutions B: individual firms C: commercial banks D: corporations
- 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
- Which of the following is not a major actor in the foreign exchange market?
- As the “banker’s bank,” the central bank provides services to financial institutions in much the same way commercial banks serve their customers. ( ) A: True B: False
- The most basic and important indicator of the distinction between central banks and commercial banks is (). A: monopoly on money issuance B: taking deposits from financial institutions C: buying and selling securities with financial institutions D: implementation of monetary policy