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Title: In response to the overvalued dollar in the early 1970s, the German Bundesbank bought dollars and so Post by: valputin on Nov 29, 2015 In response to the overvalued dollar in the early 1970s, the German Bundesbank bought dollars and sold marks to keep the exchange rate fixed, gaining international reserves. The huge purchase of international reserves meant that the German monetary base began to ________, leading to ________ growth in the German money supply.
A) decline; rapid B) grow; rapid C) decline; sluggish D) grow; sluggish Title: Re: In response to the overvalued dollar in the early 1970s, the German Bundesbank bought dollars an Post by: Meela on Dec 1, 2015 Content hidden
Title: Re: In response to the overvalued dollar in the early 1970s, the German Bundesbank bought dollars and so Post by: valputin on Dec 14, 2015 This is great!
Title: Re: In response to the overvalued dollar in the early 1970s, the German Bundesbank bought dollars and so Post by: Meela on Dec 14, 2015 @valputin,
Happy to help :) |