× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
New Topic  
valputin valputin
wrote...
Posts: 5754
Rep: 3 0
8 years ago
Under a fixed exchange rate regime, if a central bank must intervene to purchase the domestic currency by selling foreign assets, then, like an open market sale, this action ________ the monetary base and the money supply, causing the interest rate on domestic assets to ________.
A) reduces; fall
B) increases; fall
C) reduces; rise
D) increases; rise
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
Read 132 times
2 Replies
Our course uses > The Economics of Money, Banking and Financial Markets

Related Topics

Replies
wrote...
8 years ago
C
valputin Author
wrote...
8 years ago
Perfect answer, thx
Our course uses > The Economics of Money, Banking and Financial Markets
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1279 People Browsing
Related Images
  
 172
  
 258
  
 6892
Your Opinion
What's your favorite funny biology word?
Votes: 328

Previous poll results: Do you believe in global warming?