第九章单元测试
- Using an equation, explain why governments prefer to avoid excessive current account surpluses?
- What are the components of the trilemma that is encountered when a country chooses its monetary policy and what is the meaning of the term?
Any central bank purchase of assets automatically results in an increase in the domestic money supply, while any central bank sale of assets does not necessarily affect the money supply. ()
If central banks are not sterilizing and the home country has a balance of payments surplus, any associated increase in the home central bank's foreign asset implies an increased home money supply. ()
A balance sheet for the central bank of Pecunia is shown below:
A balance sheet for the central bank of Pecunia is shown below:
Please write the new balance sheet if the bank sells $100 worth of foreign bonds for domestic currency.
When domestic and foreign currency bonds are imperfect substitutes, the domestic interest rate (R) can be written as ______. ()
Use a figure to illustrate the ineffectiveness of monetary policy to spur on an economy under a fixed exchange rate.
答案:0
A:对 B:错
A:错 B:对
A:R = R* - (Ee - E)ρ
