a

Which one of the following statements is the most accurate?

A.A devaluation occurs when the central bank lowers the domestic currency price of foreign currency, E, and a revaluation occurs when the central bank raisesB.A devaluation occurs ...
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01240

the following statements is the most accurate?

Under fixed exchange rate, which one of the following statements is the most accurate?A.Devaluation causes a decrease in output, a decrease in official reserves, and a contraction ...
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01440

the following statements is the most accurate?

Under fixed exchange rate, which one of the following statements is the most accurate?A.Devaluation causes a rise inB.Devaluation causes a decrease inC.Devaluation has no effect on...
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01390

Using a figure, show how devaluation affects an economy

Answer: When a currency is devalued from E0 to E1, the equilibrium shifts from point 1 to 2. Both output and money supply increase. And international reserves increase. 
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01150

what happens when Germany’s current account surplus

Under the price-specie-flow mechanism, what happens when Germany’s current account surplus is greater than its non-reserve financial account deficits?A.German loans will finance a...
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01360

The “rules of the game” under the gold standard

The “rules of the game” under the gold standard can best be described as which of the following?A.Selling domestic assets in a deficit and buying assets in a surplusB.Slowing dow...
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02520

By external balance, most economists mean

A.avoiding excessive imbalances in internationalB.a balance between exports andC.a balance between trade account and serviceD.a fixed exchangeE.None of theAnswer: A
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01560

External balance means

A.balance in the country’s currentB.balance in the country’s serviceC.balance in the country’s financialD.balance in the country’s tradeE.None of theAnswer: E
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03520

Under the gold standard era of 1870 – 1914,

A.central banks tried to have sharp fluctuations in the balance ofB.central banks tried to avoid sharp fluctuations in the current account of the balance ofC.central banks tried to...
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01550

A country is said to be in balance of payments

A country is said to be in balance of payments equilibrium when the sum of its current and itsA.non-reserved financial accounts equalsB.reserved financial accounts equalsC.non-rese...
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01380

我国商业银行的经营目标是(BCE )

我国商业银行的经营目标是(BCE )。A.计划性 B.安全性 C.流动性 D.效益性E.盈利性
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01800

商业银行实现流动性目标的措施有( ABC)

商业银行实现流动性目标的措施有( ABC)。A.增加现金资产 B.主动负债 C.设立二级准备金D.增加盈利性资产 E.提高资本充足率
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03380