If a central bank wants to keep the value of its home currency fixed in the foreign exchange market, then an increase in the demand for its home currency will lead the central bank to
A) do nothing.
B) sell its home currency.
C) buy its home currency.
D) sell foreign currencies.
B
Economics
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Between 1860 and 1920, the number of mouths fed per farmer
a. decreased by about 10 percent. b. initially decreased, but then returned to its former level and remained there. c. increased by about 50 percent. d. nearly doubled.
Economics
Several writers have helped to popularize the notion that stock prices follow no discernible pattern. What is meant by a random walk, and how can you explain why people continue to invest in stocks if the random walk theory is correct?
Economics