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In a floating rate system the central bank's role is to: Question 10 options: a) Buy up overvalued currencies in the foreign exchange market b)
In a floating rate system the central bank's role is to: Question 10 options: a) Buy up overvalued currencies in the foreign exchange market b) Reduce the money demand of nations with overvalued currencies c) Central banks have no role d) Sell undervalued currencies in the foreign exchange market
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Macroeconomics
Authors: David Colander
8th edition
978-0078004407, 78004403, 978-0077247171, 77247175, 978-0077307110
