20. Action to reverse the effect of official intervention on the domestic money supply is called:
举一反三
- Action to reverse the effect of official intervention on the domestic money supply is called ____. A: a crawling peg. B: sterilization. C: a parallel market. D: the gold standard.
- When<br/>the central bank allows the purchase or sale of domestic currency to<br/>have an effect on the monetary base, it is called A: an<br/>unsterilized foreign exchange intervention. B: a<br/>sterilized foreign exchange intervention. C: an<br/>exchange rate feedback rule. D: a<br/>money neutral foreign exchange intervention
- The quantity theory of money indicates that in any country the money supply is equated to the demand for money, which is inversely proportional to the money value of the gross domestic product.(<br/>)
- Of the four effects on interest rates from an increase in the money supply, the initial effect is, generally, the ________
- Central Bank sometimes carry out equal foreign and domestic asset transactions in opposite directions to nullify the impact of their foreign exchange operations on the domestic money supply. This policy is called sterilized foreign exchange intervention.