Deliberate Actions by a Central Bank to Influence the Exchange

question 32

Multiple Choice

Deliberate actions by a central bank to influence the exchange rate are known as

• A)current account actions.
• B)foreign-exchange market interventions.
• C)dollar-value operations.
• D)foreign-commerce maneuvers.

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Definitions:

Direction

In the context of statistics, it refers to the nature of the relationship between variables, indicating whether it is positive or negative.

Correlations

Statistical measures that describe the extent to which two variables change together.

Exploratory Technique

Methods or approaches used in initial research efforts to understand data, identify patterns, or formulate hypotheses, without having predetermined outcomes.

Confirmatory Technique

A method or procedure used to confirm the validity of an hypothesis or finding, often applied in the context of scientific research.