The government sells US dollars for domestic currency in foreign market to prevent its currency devaluation. This activity is known as()
A: financing policy
B: expenditure change policy
C: fiscal policy
D: monetary policy
A: financing policy
B: expenditure change policy
C: fiscal policy
D: monetary policy
举一反三
- According to the assignment rule, which of the following policy mixes<br/>is appropriate for a country with high inflation, a balance of<br/>payments deficit, and fixed exchange rates? ____. A: Expansionary fiscal policy and expansionary monetary policy B: Expansionary fiscal policy and contractionary monetary policy C: Contractionary fiscal policy and expansionary monetary policy D: Contractionary fiscal policy and contractionary monetary policy
- When a country ’s balance of payments deficit, what policies can be adopted in order to restore the balance of payments ( ). A: Let the local currency depreciate B: Let the local currency depreciate C: Adopting tight monetary policy D: Let the local currency appreciate E: Taking an expansionary fiscal policy F: Adopting an expansionary monetary policy
- When a country has a large current account surplus, which policy can be adopted to reduce the surplus? A: Currency appreciation B: Tight fiscal policy C: Increasing export tax rebate D: Currency depreciation
- Which of the following is the monetary policy tools?( ) A: Open market operation B: Interest rate C: Local government financing vehicles D: Money aggregate
- Due to the time lag of monetary policy, to make monetary policy effective, monetary policy needs to be forward-looking.