Recent Posts • Latest Topics • Unanswered Questions

Adoption of a currency board

Ao9

wrote...

Go to Answer

Posts: 1908

Rep:

8 years ago

Adoption of a currency board

Adoption of a currency board
A) mandates the use of currency in all domestic transactions.
B) requires that a centralized institution holds interest-bearing assets denominated in the currency against which the nominal exchange rate is being fixed.
C) is one method for achieving a soft peg policy.
D) places responsibility for exchange rate management in the hands of an agency that is independent of political influences.

Textbook

Macroeconomics

Edition: 5^th

Author: Williamson

Read 127 times

3 Replies

Report

Replies

Answer verified by a subject expert

Gordis

wrote...

Related Topics

Solved The nominal exchange rate is the
Solved The real exchange rate is the
Solved Compared to dollarization, a currency board
Solved When a domestic currency is completely backed by a foreign currency and the note-issuing authority e
Solved A sharp depreciation of the domestic currency after a currency crisis leads to
Solved A convertible currency is a currency that may be freely exchanged for
Solved Adoption of a currency board
Solved A reserve currency is a currency that is:

Ao9 Author

wrote...

8 years ago

Solved!!

Report

Gordis

wrote...

8 years ago

I'm assuming I was right? Wink Face

Don't forget to mark as solved.

Report

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1281 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Live Chat

AJAX Chat © blueimp.net Integrated with SMF

Related Images

278

4430

776

Your Opinion

Previous poll results: What percentage of nature vs. nurture dictates human intelligence?

It's sore throat season, why does my mucus have red spots?

Strange Ingredients Lurking in Doritos Chips

Bonobos, Chimpanzees, and the 98% DNA Link

Courses by Biology Forums

The Toxic Skin and Fungi Defense

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.