Please do not use references and answer the following questions and the include the instructions.

1. Why the simultaneous targeting of the money supply and interest rates is sometimes impossible to achieve?
2. How central banks intervene in foreign exchange markets?
3. What the Bretton Woods Agreement did to the ability of foreign exchange rates to fluctuate freely?

Instructions :

• Describes the simultaneous targeting of money supply and interest rates.

• Describes how central banks intervene in foreign exchange markets.

• Discusses the impact the Bretton Woods agreement had on the ability of foreign exchange rates to fluctuate freely.

• give at least one example .