A Foreign Exchange Intervention with an Offsetting Open Market Operation

question 47

Multiple Choice

A foreign exchange intervention with an offsetting open market operation that leaves the monetary base unchanged is called

• A) an unsterilized foreign exchange intervention.
• B) a sterilized foreign exchange intervention.
• C) a balance-of-payment exchange rate rule.
• D) monetary neutrality.

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Definitions:

Extinction

In neurology, neglect of information on one side of the body when presented simultaneously with similar information on the other side of the body.

Temporal Organization

The process of structuring events, actions, or processes in a sequential time order or timeline.

Frontal Lobes

Regions of the brain located at the front of each cerebral hemisphere, involved in decision making, problem solving, control of purposeful behaviors, consciousness, and emotions.

Wisconsin Card Sorting Test

A neuropsychological test of set-shifting, measuring a person’s ability to display flexibility in the face of changing schedules of reinforcement.