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Question 1 (1 point) Which of the following is not part of the trilemma of inter

ID: 1219136 • Letter: Q

Question

Question 1 (1 point)

Which of the following is not part of the trilemma of international monetary regimes?

Question 1 options:

free trade

free capital flows

effective monetary policy

fixed exchange rate

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Question 2 (1 point)

People holding money in anticipation that bond yields will rise is an example of

Question 2 options:

money demand for transactions.

precautionary demand.

speculative demand.

none of the above.

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Question 3 (1 point)

People holding money in case they need to fix their car is an example of

Question 3 options:

money demand for transactions.

precautionary demand.

speculative demand.

none of the above.

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Question 4 (1 point)

Which of the following regimes allows for effective domestic monetary policy?

Question 4 options:

gold standard

free float

fixed exchange rate

none of the above

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Question 5 (1 point)

Dollarization is a type of what exchange rate regime?

Question 5 options:

dirty standard

free float

fixed exchange rate

none of the above

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Question 6 (1 point)

Which of the following is equivalent to velocity?

Question 6 options:

MV/PY

YP/M

MP/Y

none of the above

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Question 7 (1 point)

The major advantage of fixed exchange rates is that _____.

Question 7 options:

is allows for free capital mobility

it ensures exchange rate stability for importers and exporters

central banks can exercise monetary policy discretion

it increases the foreign exchange reserves with the central bank

free trade

free capital flows

effective monetary policy

fixed exchange rate

Explanation / Answer

Question 1

free trade

Free trade is not part of trilemma all other three are part of trilemma

Question 2

None of the above

Question 3

precautionary demand.

precautionary demand is nothing but people hold cash in their hand in anticipation of emergency

Question 4

free float

Effective monetary policy can take place much easily with flotating exchange rates. As you would no further need to think about exchange rates

Question 5

fixed exchange rate,

Dollarization is nothing but pegging your local currency to dollar

Question 7

it ensures exchange rate stability for importers and exporters

Fixed exchange rates can help a lot as your markets volatality will decrease.

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