A fixed exchange rate regime

A) enhances the power of a country's central bank.
B) leads to inflation.
C) means that the price of gold is held constant.
D) makes a country's central bank powerless.

D

Economics

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A point to the left of the BP curve would represent

A) a balance of payments deficit. B) a balance of payments surplus. C) internal disequilibrium. D) Both A and C.

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A firm should keep producing output as long as the marginal profit is greater than zero, no matter how small it is

a. True b. False Indicate whether the statement is true or false

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