The monetary policy-making body of the Federal Reserve is the
A) Federal Open Market Committee.
B) New York Federal Reserve Bank.
C) regional Federal Reserve Banks.
D) Board of Governors.
A
Economics
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The real exchange rate is
A) the price of one currency in terms of another. B) the price of domestic goods relative to foreign goods. C) the quantity of gold that can be purchased by one unit of currency. D) the difference in interest rates between two countries.
Economics
If the Canadian government raises it budget deficit, then Canada's net capital outflows will
a. increase, so its exchange rate will rise. b. increase, so its exchange rate will fall. c. decrease, so its exchange rate will rise. d. decrease, so its exchange rate will fall.
Economics