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Question 28 (3.33 points) Which of the following is NOT true? One major disadvantage of a freely floating exchange rate system is that it can

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Question 28 (3.33 points) Which of the following is NOT true? One major disadvantage of a freely floating exchange rate system is that it can adversely affect a country that has high unemployment. When using indirect intervention, a central bank is likely to focus on interest rates. Sterilized intervention is intervention by a central bank in the foreign exchange market without adjusting for the change in money supply. Question 29 (3.33 points) Roblox Inc. (a U.S. firm) produces furniture and has no international business. Its major competitors import most of their furniture from Philippines and then sell it out of retail stores in the United States. How will Roblox Inc. be affected if Philippine peso weakens against U.S. dollars over time? It'll be favorably affected. It'll be unfavorably affected. It'll not be affected because Jacob has no international business

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