Which of the Following Did Not Help Thailand Maintain Its

question 58

Multiple Choice

Which of the following did not help Thailand maintain its peg against the dollar in the 1990s?

• A) borrowing dollars from the International Monetary Fund in exchange for baht
• B) buying baht on the foreign exchange market to support higher demand for the baht
• C) increasing domestic interest rates to attract more foreign investors
• D) foreigners selling off of new investments in Thailand

Understand the concept of subject-verb agreement.

Identify singular and plural subjects in sentences.

Apply subject-verb agreement rules in varied sentence structures.

Recognize the influence of prepositional phrases on subject-verb agreement.

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Definitions:

Reserve Requirement

The minimum amount of reserves that banks are required to hold by law, usually a percentage of their deposits, to ensure bank liquidity.

Open Market Operations

Central bank activities involving the buying and selling of government securities to control the money supply and interest rates.

Discount Rate

The fee in terms of interest that depository institutions and commercial banks pay for loans taken from the lending establishment of their regional Federal Reserve Bank.

Monetary Policy

Monetary policy involves the management of a country's money supply and interest rates by its central bank to control inflation, unemployment, and economic growth.