Under a flexible exchange rate system, there is no need for foreign exchange reserves.
Answer the following statement true (T) or false (F)
True
There is no need to use foreign exchange reserves to maintain the exchange rate because the market is performing this function.
Economics
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An example of the political business cycle in action came during the ________
A) Roosevelt administration of the 1920s B) Nixon administration of the 1970s C) Reagan administration of the 1980s D) Bush administration of the 2000s
Economics
Why can car insurance companies charge higher auto rates for new customers than for established customers, all else held constant?
What will be an ideal response?
Economics