If a central bank makes a sterilized purchase of foreign assets, then the domestic currency will _____.
Aappreciate
Bdepreciate
Ceither appreciate, depreciate, or remain constant
Dnot be affected正確答案
答案與詳解
為什麼答案是 D
正解。沖銷式干預 = 買外資產(↑貨幣)同時賣國內債券(↓貨幣)，貨幣供給淨變動為零，故在貨幣學派與資產完全替代假設下，匯率不受影響。
考點：非沖銷混淆考點：沖銷機制考點：模型假設考點：沖銷式干預
載入中…
