Question
Please answer this decently these are important Are the statements below True, False, or Uncertain? Explain your answer fally. No points without explanation! A1. Currency
Please answer this decently these are important
Are the statements below True, False, or Uncertain? Explain your answer fally. No points without explanation!
A1. Currency crisis models suggest that crises are caused by inconsistent macroeconomic policies
A2. If the UK has smaller increases in both its money supply and output levels compared to the Eur area. then the monetary approach to exchange rates says the British pound Euro exchange rate should appreciate
A3. According to the "Rules of the Game", central banks sterilized the capital inflows in order to increase their gold reserves under the Golddard System
A4. 2000-01 Turkish Twin Crises occurred due to the high real interest rates that were a result of the exchange rate-based stabilization program of 1999.
A5. Sterilization of foreign exchange intervention is only effective if domestic and foreign bonds are perfect substitutes.
A6. A member of the Bretton Woods system that has high unemployment and excessively large curent account surplus problems could solve these by using an expenditure-changing policy,
A7. Temporary tax cuts deteriorate current account balances in the short run.
please give explanation
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