Foreign exchange reserves are
A) Held illegally by many countries.
B) Holdings of foreign exchange by official government agencies.
C) Holdings of foreign exchange by individual citizens.
D) Used by the Federal Reserve in open market operations.
Correct Answer:
Verified
Q86: A mechanism for fixing exchange rates is
Q87: Excess demand for a specific foreign currency,such
Q88: The amount by which the quantity demanded
Q89: Which of the following is not likely
Q90: Ceteris paribus,with a fixed exchange rate,if people
Q92: Ceteris paribus,with a fixed exchange rate,if Americans
Q93: Ceteris paribus,if Canadians decide they want to
Q94: An excess demand for foreign currency at
Q95: A major problem with countries setting fixed
Q96: In a fixed exchange rate system,
A)Excess demand
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