• 2022-06-06
    The AA schedule shows________. ( )
    A: Exchange rate and output pairs at which only the foreign exchange market is in equilibrium.
    B: Interest rate and output pairs at which only the foreign exchange market is in equilibrium.
    C: Interest rate and output pairs at which the foreign exchange market and the domestic money market are in equilibrium.
    D: Exchange rate and output pairs at which the foreign exchange market and the domestic money market are in equilibrium.
  • D

    内容

    • 0

      Which of followings are the monetary policy tools? ( ) A: foreign exchange B: open market operation C: required reserve ratio D: rediscount rate

    • 1

      In order to maintain exchange rate stability, central banks often intervene in the foreign exchange market by buying and selling foreign exchange. When the local currency exchange rate (), they sell foreign exchange and withdraw local currency. A: depreciates B: appreciates C: is fixed D: none of the above

    • 2

      Consider that Britain is trying to maintain a fixed exchange rate with respect to the U.S. dollar. However, the present situation in the foreign exchange market is conducive for the British pound to depreciate with respect to the U.S. dollar. If the British government uses sterilized intervention in the foreign exchange market, then:

    • 3

      The foreign exchange market _________

    • 4

      Foreign exchange market is the biggest financial market in the world.