Suppose the United States is experiencing a balance of payments surplus. To prevent the exchange rate from appreciating, the U.S. Treasury must
A) sell dollars and buy foreign currency. B) sell both dollars and foreign currency.
C) buy both dollars and foreign currency. D) sell foreign currency and buy dollars.
A
Economics
You might also like to view...
The Consumer Price Index includes
A. the top selling 50 goods and services each month. B. all of the goods and services produced in the economy. C. only goods and services produced domestically. D. goods and services from 8 major categories.
Economics
The statement "government should provide affordable health care coverage for every member of society" is:
A. a statement that everyone agrees with. B. a positive statement. C. a statement that everyone disagrees with. D. a normative statement.
Economics