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Discuss THREE monetary strategies currently implemented in the commonwealth of Dominica.
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- We learned that changes in exchange rates and the corresponding changes in the balance of trade amplify monetary policy. From the perspective of a nations central bank, is this a good thing or a bad thing?Discuss Monetary policy instruments.The reason the country of Ecuador has adopted the use of the US dollar for transactions within the country is a. to be able to lower taxes b. to increase government revenues c. to credibly commit to minimize inflationary pressures in the country d. to be able to effectively implement monetary policy
- Discuss THREE monetary strategies currently implemented in the commonwealth of Dominica. What are the benefits of the type of monetary policy strategies that institutedmentioned above? What are the pitfalls in the strategy?Using the Mundell-Fleming model, explain whether you think a country should pursue an expansionary monetary policyGive an example in the recent past when the Central Bank intervene in the foreign exchange market in Jamaica and discuss why it intervened.
- Deposits of Australian dollars held at authorised deposit-taking institutions are government money horizontal money part of the monetary base?What are the best ways to show that Australia pursuing a restrictive monetary policy?When a country operates with a currency board, the central bank's sole objective is to maintain the Multiple Choice flexibility of domestic monetary policy. domestic interest rate. exchange rate. target inflation rate.
- explain the “lean against the wind monetary policy”.Consider a country that fixes the value of its currency to gold and allows the free flow of capital. This country can freely conduct domestic monetary policy to respond to unemployment and inflation conditions. True/False. Remember to include your explanation.Monetary union, in comparison to dollarization, means that Multiple Choice countries forgo revenues from seignorage. countries share in monetary policy decisions. the central bank no longer has the ability to be the lender of last resort. participating countries relinquish shared governance.
