Which of the following is correct? Whenever the monetary authority pegs the interest rate,
a. it must be ready to adjust the interest rate on demand.
b. the monetary authority must exchange money for bonds on demand.
c. it has control of the quantity of money.
d. None of the above
B
Economics
You might also like to view...
An economy is in long-run equilibrium when output equals potential output. Why is there no long-run equilibrium rate of "potential inflation"?
What will be an ideal response?
Economics
A fear in investing in China
A) is based in fears of its declining population. B) relates to the value of property rights. C) can be overcome by not have Chinese operations. D) none of these choices.
Economics