The ability of a government to fix its currency's exchange rate is limited by the size of its reserves
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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The monetary growth rule is a plan for increasing the quantity of money
A) at a rate which increases as the economy grows. B) at a rate which decreases as the economy declines. C) at a rate which increases during recessions and decreases during expansions. D) at a fixed rate that does not respond to changes in the economic condition.
Economics
If an American firm opens a production facility in India, the total value of the production will be included in the
A) gross domestic product of the United States. B) national income of the United States. C) gross domestic product of India. D) consumption of fixed capital for India.
Economics