Consumer income can be used for three things: purchases of goods and services, paying taxes and saving

Under a fixed exchange rate regime, a country that depletes its international reserves in an attempt to keep its currency from ________ will be forced to ________ its currency

A) depreciating; revalue B) depreciating; devalue C) appreciating; revalue D) appreciating; devalue

The Fed never processes immigrating checks that must pass between different Federal Reserve banks

Indicate whether the statement is true or false