Monetary Relations Flashcards by Emma Elizabeth | Brainscape

Q

The price of currency relative to another

A

Exchange rates

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Q

Money demand

A

How much people want/need currency

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Q

typically set by central banks
High __ make a currency more valuable
Low ___make currency less valuable

A

Interest Rates

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Q

True or false: the US dollar is the worlds reserve currency

A

True

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