Central bank中央银行

中央银行(central bank)

A.start

B.startdown

C.end

D.start-up

The central bank should focus on structural () in its monetary policy.中央银行将致力于货币政策的结构性调整。

A、admit

B、adjustments

C、judge

D、judgement

Show how an expansion in the central bank's domestic assets ultimately affects its balance sheet under a fixed exchange rate．How are the central bank's transactions in the foreign exchange market reflected in the balance of payments accounts？

A、fair

B、open

C、domestic

D、international

Why might EMS provisions for the extension of central bank credits from strong-to weak-currency members have increased the stability of EMS exchange rates？

Why might EMS provisions for the extension of central bank credits from strong-to weak currency members have increased the stability of EMS exchange rates？

请使用类似教材中图17-7的图形来解释，在资产不完全替代和保持汇率固定不变的情况下，中央银行如何改变本国利率？

Use a diagram like Figure 17-7 to explain how a central bank can alter the domestic interest rate，while holding the exchange rate fixed，under imperfect asset substitutability．

In a three-country world，a central bank fixes one exchange rate but lets the other float. Can it use monetary policy to affect output？ Can it fix both exchange rates？