Since the founding of the IMF, most international reserves have been held in

A) gold.
B) silver.
C) U.S. dollars.
D) British pounds sterling.

C

Economics

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Which of the following is an intermediate target?

A) M2 B) reserves C) unemployment rate D) inflation rate

Economics

An increase in the price level reduces net exports because

A) it leads indirectly to a higher exchange rate. B) it leads indirectly to a lower exchange rate. C) it leads indirectly to a lower real interest rate. D) it leads directly to higher real money balances.

Economics