15. The interest rate used by the ECB that is analogous to the discount rate for the Federal Reserve is the

A.
repo rate.

B.
marginal lending rate.

C.
federal funds rate.

D.
none of the above.

16. A country that uses inflation targeting must have what type of exchange rate regime?

A.
managed float

B.
free float

C.
dollarization

D.
currency board

17. The structure of the ECB was modeled on the Bank of England.

True

False

18. An increase in which of the following would shift the supply of reserves up?

A.
discount lending

B.
government debt

C.
open market operations

D.
none of the above

Question

15. The interest rate used by the ECB that is analogous to the discount rate for the Federal Reserve is the

16. A country that uses inflation targeting must have what type of exchange rate regime?

17. The structure of the ECB was modeled on the Bank of England.

True

False

18. An increase in which of the following would shift the supply of reserves up?

Unlock all answers

	A.	German consumers of Polish imports
	B.	Polish producers of export goods
	C.	German homeowners with zloty-denominated mortgages
	D.	Polish homeowners with euro-denominated mortgages