1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Len [333]
2 years ago
5

Suppose that the equilibrium exchange rate (Euro/$) is .90 and the The Federal Reserve decides to fix the exchange rate at .70.

What will the Federal Reserve have to do in order to maintain this fixed exchange rate
Business
1 answer:
adoni [48]2 years ago
3 0

Answer:

C. The Federal Reserve will need to have official reserves of euros to purchase dollars in the foreign exchange market.

Explanation:

Federal Reserve required to have a euros reserves as it can applied it also at the case when the exchange rate is move upward or downward

For the other things, the fed could restrict the supply with respect to the dollar in the foreign exchange market in order to get it stable that opposed with euro

Therefore the option c is correct

You might be interested in
Which of the following is an example of traditional management?
arsen [322]
Not sure what the choices are, but traditional management is where goals and objectives are created at the top and employees are in charge of meeting them and for the quality of the product. This is opposed to a quality - focused management style which is more collaborative with customers to achieve continuous improvement of your product and/or service.
3 0
3 years ago
Frederick is a student at Central Fictional State University (CFSU), and he has a great idea for a new business invention. Frede
Delvig [45]

Answer: He should should File a suit.

Explanation:

He should should File a suit.

The new innovation was Frederick's brain child, I believe God gave him this innovative Idea he could change people's lives professionally and even personally. Frederick should only sue the Professors for the use of his innovative idea and the Patents for this innovation to be transferred back to the rightful owner of innovation (Frederick) and not to sue them for everything they have the aim here is to teach/show professors that stealing is wrong and  not to punish.

We should not let evil doers prevail, suing Professors will teach them a lesson that stealing a person's idea is wrong and they should not do it again, if Frederick doesnot sue the professors would probably do it to another student. Frederick's law suit will not only help him but it will actually save a lot of students coming after him which is what Christianity is teach us to do good for other people.

6 0
3 years ago
9. Problems and Applications Q9 Suppose that a borrower and a lender agree on the nominal interest rate to be paid on a loan. Th
den301095 [7]

Answer: False

Explanation:

The real interest rate is the nominal interest rate adjusted for inflation.

If the nominal interest rate was made with inflation in mind and this inflation is less than anticipated, the real rate will be higher not lower than expected.

For instance: Assume the nominal rate is 8% and the two parties assumed inflation would be 4%. Real rate would be:

= 8 - 4 = 4%

If inflation is instead 2%, real rate would be:

= 8 - 2 = 6%

Real rate would be higher than anticipated.

8 0
3 years ago
Suppose first main street bank, second republic bank, and third fidelity bank all have zero excess reserves. the required reserv
lbvjy [14]
<span>he deposits the money into his checking account at first main street bank is the answer</span>
4 0
3 years ago
Read 2 more answers
Monroe minerals company purchased a copper mine for a 126,500,000 the mine was expected to produce 50,000 tons of copper over it
vichka [17]

Answer:

I think it would be B

Explanation:

hope this helps if not please let me know

7 0
2 years ago
Other questions:
  • British Textile Manufacturer entered into a contract with Cotton Broker for 2,000 bales of cotton to be shipped from India to En
    7·1 answer
  • What is the future value of $12,000 after 5 years if the appropriate interest rate is 6%, compounded semiannually?
    14·1 answer
  • 8. The purpose of a flexible budget is to: A. remove items from performance reports that are not controllable by managers. B. pe
    10·1 answer
  • Keisha took the VARK inventory and discovered she prefers to learn mainly through visual and kinesthetic modes. Which study stra
    9·1 answer
  • Which of the following best represents the Plan step in the​ Plan-Do-Check-Act (PDCA)​ cycle? A. Implement the chosen course of
    14·1 answer
  • Which of the following ia a good question to ask during an informational interview
    11·2 answers
  • o test the validity of your selection device for widget makers, you have given it to the present widget makers in your company a
    12·2 answers
  • Green, Inc., provides group term life insurance for all of its employees. The coverage equals twice the employee's annual salary
    5·1 answer
  • Someone please help me!!!
    11·1 answer
  • Budgeting is the process of planning future business activities and expressing them as?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!