李同学2019-04-03 22:05:54

02.单选题 收藏 标记 纠错 A development country maintains a fixed value for its currency relative to the U.S. dollar. It is experiencing a decline in its economic activity, and its inflation rate falls below the Level in the United States. If the developing country wants to maintain the fixed exchange rate target, its A Money supply will contract. B Short-term interest rates will fall. C Foreign exchange reserves will decrease. 查看解析 上一题 下一题 正确答案B 您的答案A本题平均正确率：50% Money creation process难度：一般 推荐：      答案解析 With a decline in economic activity and domestic inflation, the currency of the developing country would start to rise against the dollar. To protect the exchange rate target, the developing country‘s monetary authority will purchase foreign exchange reserves and sell its own currency. This action will increase the domestic money supply and decrease short-term interest rates. 问：通货膨胀降低为什么意味着本币上升啊？整条逻辑推到链可否简要用再讲解一下？