The use of domestic open market operations to counteract the effects of a foreign exchange market intervention on the domestic money supply is known as:

a. normalization.
b. quantitative easing.
c. sterilization.
d. volatilization.
e. depreciation.

c

Economics

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If a firm has a total fixed cost of $75 and an average variable cost of $35 for producing 10 units of output, the average total cost would be:

a. $425. b. $42.50. c. $110. d. $350.

Economics

Washington D.C.'s metro train system is being extended further into the neighboring states of Maryland and Virginia, thereby reducing the cost of commuting into the United States' capitol

Other things being held constant, this can be expected to: A) decrease the extent of the market for housing around Washington D.C. B) increase the extent of the market for housing around Washington D.C. C) have no effect on the extent of the market for housing around Washington D.C. as the actual geography remains unchanged. D) have no effect on the extent of the market for housing around Washington D.C. as the range of houses available has not changed. E) have no effect on the extent of the market for housing around Washington D.C. as property taxes have not changed.

Economics