Knowee
Questions
Features
Study Tools

Multiple Select QuestionSelect all that applyWhich of the following are part of a central bank's official reserves that it uses to maintain a fixed exchange rate?Multiple select question.Foreign currencyForeign bondsGoldBalance of payments

Question

Multiple Select QuestionSelect all that applyWhich of the following are part of a central bank's official reserves that it uses to maintain a fixed exchange rate?Multiple select question.Foreign currencyForeign bondsGoldBalance of payments

🧐 Not the exact question you are looking for?Go ask a question

Solution

The parts of a central bank's official reserves that it uses to maintain a fixed exchange rate include:

  1. Foreign currency
  2. Foreign bonds
  3. Gold

The balance of payments is not part of a central bank's official reserves. It is a record of all transactions made by a country compared to the rest of the world over a period of time.

Similar Questions

Multiple Select QuestionSelect all that applyOn a company's balance sheet, the common stock account is separated into what two parts?Multiple select question.fixed exchange ratecommon stock at parcapital in excess of parfloating exchange rate

Multiple Select QuestionSelect all that applyWhich of the following are characteristics of the current exchange-rate system?Multiple select question.Exchange rates are allowed to float up and down.Exchange rates are fixed.Exchange controls are regularly used.Nations occasionally use currency intervention.

Multiple Select QuestionSelect all that applyWhich of the following are components of M1?Multiple select question.Savings deposits including money market deposit accountsAll demand (chequable) depositsMoney market mutual fundsCurrency in the hands of the public

Multiple Select QuestionSelect all that applyThe balance on the current account and the balance on the capital and financial account assume trade occurs in which of the following categories?Multiple select question.Future production quotasPreexisting assetsCurrently produced servicesCurrently produced goods

Multiple Select QuestionSelect all that applyIn present times, which of the following constitutes a form of money?Multiple select question.Coinsnotes (paper money)Government bondChequing deposit

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.