Using Indirect Intervention, the Fed Attempts to Affect the Dollar's

question 108

True/False

Using indirect intervention, the Fed attempts to affect the dollar's value indirectly by influencing the factors that determine it, such as interest rates.

---

Definitions:

Money Supply

The total amount of monetary assets available in an economy at a given time, including cash, coins, and balances held in bank accounts.

Net Exports

The value of a country's total exports minus the value of its total imports. It is an important indicator of a country's economic health.

Lean Against

A strategy used in financial markets to resist market trends by trading counter to the current direction.

National Saving

The total amount of savings generated within a country, equal to the sum of private and public savings.