Question
What are administered rates?
Multiple choice question.
Rates of exchange that are determined by the international supply of and demand for a nation's money.
Interest rates set by the fed to influence the lending and borrowing decisions of financial institutions.
Rates of exchange that are pegged by a government or central bank at a particular ratio.
The multiple of its excess reserves by which the banking system can expand checkable deposits and thus the money supply.
Multiple choice question.
Rates of exchange that are determined by the international supply of and demand for a nation's money.
Interest rates set by the fed to influence the lending and borrowing decisions of financial institutions.
Rates of exchange that are pegged by a government or central bank at a particular ratio.
The multiple of its excess reserves by which the banking system can expand checkable deposits and thus the money supply.
Answers
GPT-4o mini
The correct answer is:
**Rates of exchange that are pegged by a government or central bank at a particular ratio.**
**Rates of exchange that are pegged by a government or central bank at a particular ratio.**