Which of the Following Statements Is Incorrect

question 41

Multiple Choice

Which of the following statements is incorrect?

• A) A foreign exchange intervention affects the value of a country's currency by changing domestic interest rates.
• B) Any central bank policy that influences the domestic interest rate will affect the exchange rate.
• C) Higher U.S. interest rates would likely result in an appreciation of the U.S. dollar.
• D) Sterilized changes in foreign exchange reserves alter a country's monetary base.

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Definitions:

Job Status

Represents the relative importance, prestige, or rank one holds in their profession or within their organization.

Need for Respect

An intrinsic desire for acknowledgment and esteem from others, considered a fundamental human need and a crucial aspect of social interactions and personal development.

Maslow's Hierarchy

A theory in psychology proposed by Abraham Maslow, which outlines a five-tier model of human needs, starting from basic physiological needs to self-actualization.

Belonging

The feeling of being accepted and included within a social, professional, or community group.