Which of the following statements is incorrect? O Central banks often consider adjusting a currency's value to influence economic conditions. O If the U.S. central bank wishes to stimulate the economy, it could weaken the dollar. O A weaker dollar could cause U.S. inflation by reducing foreign competition. O Direct intervention occurs when the central bank influences the factors that determine the dollar's value.

Which of the following statements is incorrect? O Central banks often consider adjusting a currency's value to influence economic conditions. O If the U.S. central bank wishes to stimulate the economy, it could weaken the dollar. O A weaker dollar could cause U.S. inflation by reducing foreign competition. O Direct intervention occurs when the central bank influences the factors that determine the dollar's value.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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A3)

Which of the following statements is incorrect?
O Central banks often consider adjusting a currency's value to influence economic conditions.
O If the U.S. central bank wishes to stimulate the economy, it could weaken the dollar.
O A weaker dollar could cause U.S. inflation by reducing foreign competition.
O Direct intervention occurs when the central bank influences the factors that determine the dollar's value.

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