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BUS 357 Week 3 Quiz. Ashford University

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BUS 357 Week 3 Quiz. Ashford University.Question 1 1 / 1 pts Which type of exchange rate allows a currency to float, but provides for intervention based on economic conditions? managed floating crawling band independently floating pegged Question 2 1 / 1 pts The is the currency most widely used as a reserve asset. British pound U.S. dollar Japanese yen euro Question 3 1 / 1 pts If the Fed wants to counter downward pressure on the dollar, it will . buy dollars with foreign currency do nothingthe Fed does not intervene in foreign-currency transactions

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BUS 357 Week 3 Quiz

Question 1
pts
Which type of exchange rate allows a currency to float, but provides for intervention based on
economic conditions?


managed floating


crawling band


independently floating


pegged


Question 2
pts
The is the currency most widely used as a reserve asset.

British pound



U.S. dollar


Japanese yen


euro


Question 3
pts
If the Fed wants to counter downward pressure on the dollar, it will .


buy dollars with foreign currency


do nothingthe Fed does not intervene in foreign-currency transactions

,

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