Central banks get the purchasing power to buy foreign exchange by:

a. Buying government securities.
b. Reducing currency in circulation.
c. Increasing their liabilities in the form of deposits from banks.
d. Taking loans from the government.

.C

Economics

You might also like to view...

Other things remaining the same, ________ in U.S. real GDP results in ________ in U.S. imports

A) an increase; a decrease followed by no change B) an increase; an increase C) a decrease; an increase D) a decrease; no change E) an increase; a decrease

Economics

Explain what a model is

What will be an ideal response?

Economics