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In Comparing the Size of Central Bank Reserves Relative to World

question 25

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In comparing the size of central bank reserves relative to world imports in the 1948-1972 Period (a relatively fixed exchange rate period) with the same ratio from 1973 onward (a Relatively flexible exchange rate period) , the ratio has been __________ in the more Recent period. This result __________ consistent with the theoretical expectation of Economists.


Definitions:

Acting Out

A behavioral response to emotional conflict or stress, where an individual demonstrates inappropriate or uncontrolled actions.

Tachycardia

An abnormally rapid heart rate, often defined as a heart rate above 100 beats per minute in adults.

Hyperventilation

A condition characterized by rapid or deep breathing often caused by anxiety or panic.

Nausea

A sensation of unease and discomfort in the stomach with an urge to vomit, often a symptom of a variety of conditions or side effects of medication.

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