Which of the Following Is NOT an Argument Against Dollarization

question 19

Multiple Choice

Which of the following is NOT an argument against dollarization?

• A) Dollarization causes a loss of sovereignty over domestic monetary policy.
• B) Dollarization removes currency volatility against the dollar.
• C) Dollarization causes the country to lose the power of seigniorage.
• D) The central bank of the dollarized country loses the role of lender of last resort.

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Definitions:

Major Organ Systems

Refers to the collection of organs that work together to perform important functions necessary for the survival of an organism.

Imaginary Audience

An aspect of adolescent egocentrism; the belief that other people are as concerned with our thoughts and behaviors as we are.

Adolescents

Individuals in the transitional stage of physical and psychological development that occurs between childhood and adulthood.

Object Permanence

Recognition that objects removed from sight still exist, as demonstrated in young children by continued pursuit.