The purchase or sale of foreign exchange by the central bank of the country to influence the exchange rate is known as ________________ Select one: a. None of these b. Inflation c. Depreciation d. official intervention e. Appreciation

Principles of Economics, 7th Edition (MindTap Course List)
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ISBN:9781285165875
Author:N. Gregory Mankiw
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Chapter32: A Macroeconomic Theory Of The Open Economy
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The purchase or sale of foreign exchange by the central bank of the country to influence the exchange rate is known as ________________
Select one:
a. None of these
b. Inflation
c. Depreciation
d. official intervention
e. Appreciation
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