If a country's central bank does not intervene in the foreign exchange market, the country has

A) a crawling peg exchange rate policy.
B) a fixed exchange rate policy.
C) a flexible exchange rate policy.
D) no exchange rate policy.

C

Economics

You might also like to view...

If the Fed wished to decrease interest rates, it could

A) increase the reserve requirement or conduct an open market sale. B) increase the reserve requirement or conduct an open market purchase. C) decrease the reserve requirement or conduct an open market sale. D) decrease the reserve requirement or conduct an open market purchase.

Economics

The largest number of individuals of working age in the U.S. population are ________

A) discouraged workers B) unemployed C) employed D) not in the U.S. labor force

Economics