国际经济学题库9634152.doc

International Economics, 8e (Krugman) Chapter 17 Fixed Exchange Rates and Foreign Exchange Intervention 17.1 Why Study Fixed Exchange Rates? 1) There are no questions for this section. Answer: TRUE Question Status: New 17.2 Central Bank Intervention and the Money Supply 1) A central banks international reserves include A) any gold that it owns. B) any silver that it owns. C) any gold that it owns and foreign and domestic assets. D) any silver that it owns and foreign and domestic assets. E) only foreign and domestic assets. Answer: C Question Status: Previous Edition 2) The liabilities side of a central bank include A) deposits held by the private banks. B) currency in circulation. C) deposits held by the private banks and currency in circulation. D) deposits held by the private banks, foreign assets, and currency in circulation. E) None of the above. Answer: C Question Status: Previous Edition 3) Which one of the following statements is most true? A) Any central bank purchase of assets automatically results in an increase in the domestic money supply, while any central bank sale of assets automatically causes the money supply to decline. B) Any central bank purchase of assets results in an increase in the domestic money supply, while any central bank sale of assets causes the money supply to decline. C) Any central bank purchase of assets automatically results in a decrease in the domestic money supply, while any central bank sale of assets automatically causes the money supply to decline. D) Any central bank purchase of assets automatically results in a decrease in the domestic money supply, while any central bank sale of assets automatically causes the money supply to increase. E) None of the above. Answer: A Question Status: Previous Edition 4) Which one of the following statements is the most true? A) If central banks are not sterilizing and the home c