Under a Fixed Exchange Rate Regime,if a Central Bank Must

question 15

Multiple Choice

Under a fixed exchange rate regime,if a central bank must intervene to purchase the domestic currency by selling foreign assets,then,like an open market sale,this action ________ the monetary base and the money supply,causing the interest rate on domestic assets to ________.

• A)increases;rise
• B)increases;fall
• C)reduces;rise
• D)reduces;fall

Apply Johnson's rule to find the optimal job sequence for minimizing makespan in a two-machine system.

Determine the optimal assignment of resources to maximize efficiency or minimize completion time.

Analyze the impact of job splitting on makespan reduction in a production process.

Compute average lateness, completion time, and the number of jobs in the system.

---

Definitions:

Fixed Rate

A constant interest rate applied to a loan or mortgage that remains unchanged throughout the term, offering predictability in payments.