Gradebook Emai! Live Doc Sharing Dropbox Journal Webliography Tech Support Help

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Gradebook Emai! Live Doc Sharing Dropbox Journal Webliography Tech Support Help 25. A balance of payments is associated with a of international reserves (Points: 3) surplus; loss surplus; gain O deficit; gain O balance; loss O none of the above fit 26. A foreign exchange intervention in which a central bank allows the purchase or sale of domestic currency to have an effect on the monetary base and hence on the money supply is called a(n): (Points: 3) O sterilized foreign exchange intervention O unsterilized foreign exchange intervention O securitized foreign exchange intervention O unsecuritized foreign exchange intervention O real darn shame 27. Municipal bonds that are issued to pay for essential public projects are exempt from federal taxation. (Points : 3) 9 True False ange rates are determined in an organized exchange market similar to the New York Stock Exchange-only it deals with curr True

Explanation / Answer

25- Surplus - gain

26 - unsterlized foreign exchange intervention because in unsertlized foreign exchange intervention the sale or purchase of the foreign currency is not accompanied by an open market operation,

27- True municile bonds are called tax free bonds

28- false it is a virtual market

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