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Chako Chako
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8 years ago
Which of the following statements about the central bank is TRUE?
A) Today, central banks' reserves consist largely of gold.
B) The Federal Reserve holds only a small level of official reserve assets other than gold.
C) Only the central bank may hold foreign reserves and intervene officially in exchange markets.
D) Central banks never inject money into the economy.
E) Central banks have little power to alter macroeconomic conditions.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Good answer, thank you
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#3
7 years ago
Don't forget to vote my answer as best Nerd Face
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