A central bank's international reserves consists of its holdings of

A) gold.
B) silver and gold.
C) foreign assets and gold.
D) domestic assets and precious metals.
E) foreign and domestic currency holdings.

C

Economics

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Suppose the CPI in 1950 was 24.1 and the CPI in 1975 was 53.8 . When Ken's income rose from $10,000 per year in 1950 to $20,000 per year in 1970, Ken's standard of living improved between 1950 and 1970

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

Economics

Unexpected inflation arbitrarily

A. "subsidizes" those who receive fixed money incomes. B. "taxes" those who receive fixed money incomes. C. "penalizes" those who borrow money. D. "benefits" those who save money.

Economics