Kizspy | Question: 36
(Choose 1 answer)
(18544)Which of the following statements is incorrect?
A. Central banks often consider adjusting a currency's value to influence economic conditions.
B. If the U.S. central bank wishes to stimulate the economy, it could weaken the dollar.
C. A weaker dollar could cause U.S. inflation by reducing foreign competition.
D. Direct intervention occurs when the central bank influences the factors that determine the dollar's value.