A sterilized foreign exchange intervention would:
A. leave the central bank's balance sheet unchanged.
B. alter the liability side of the central bank's balance sheet but leave the asset side unchanged.
C. alter the asset side of a central bank's balance sheet but leave the domestic monetary base unchanged.
D. not alter the central bank's holdings of international reserves.
Answer: C
Economics
You might also like to view...
When there is a shift the aggregate supply curve caused by factors external to a nation's economy, it is called
A) government control. B) an economic anomaly. C) a supply shock. D) a trade imbalance.
Economics
Cost-push inflation is most likely to occur during a period of
a. falling input costs b. falling unemployment c. rising input costs d. military expansion e. military contraction
Economics