If the Fed sets a target exchange rate that is higher than the current exchange rate, then
A) the Fed must sell dollars.
B) the Fed must buy dollars.
C) the Fed can do nothing in the short run.
D) will try to print more dollars for foreign distribution.
B
Economics
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More than 70 percent of national income can be attributed to:
a. compensation of employees. b. rental income. c. corporate profit. d. net interest. e. proprietors' income.
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Which measure of money would we most likely use if we were interested in looking at saving in the economy?
A. Hard money B. M1 C. M2 D. Reserves
Economics