Question
Which of the following is the constraint of having USD as the key reserve currency? a. The global financial cycle is in fact a US
Which of the following is the constraint of having USD as the key reserve currency?
a. The global financial cycle is in fact a US interest rate and US dollar cycle.
b. It will drastically increase the value of gold, making gold unaffordable to many investors.
c. Having USD as a key reserve currency will help control inflations globally.
Why would the United States want the US Dollar to be a reserve currency?
a. It can have an unlimited amount of money to pay for imports.
b. It can restore the gold standard.
c. It can prevent investors from owning crypto currencies.
d. This was decided by the Bretton Woods agreement.
d. The growth of international trades might be slowed when the U.S. runs out of US dollars.
The Misery Index is equal to
a. Nominal GDP minus real GDP plus the unemployment rate.
b. Nominal GDP minus real GDP plus the inflation rate.
c. The sum of the employment rate and the inflation rate.
d. The sum of the unemployment rate and the dis-inflation rate.
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