Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. economics
  3. an article in the wall street journal refers to th

An article in the Wall Street Journal refers to the U.S. dollaras "the world's reserve...

60.1K

Verified Solution

Question

Economics

An article in the Wall Street Journal refers to the U.S. dollaras "the world's reserve currency." Source: Julia-Ambra Verlaine,"For Wall Street, a Strong Dollar Is Front and Center," Wall StreetJournal, September 11, 2022. a. What is a reserve currency? A. Aforeign currency that other nations' residents hold should theircurrency suddenly become devalued. B. A currency whose value is notbacked by a commodity such as gold. C. A currency that is held byother nations' central banks as part of their foreign exchangereserves. D. The currency that is used to price oil reserves forinternational trade purposes.

image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What type of triangle is formed by joining the points D(7, 3), E(8, 1), and...

Geometry
Q

The Lennard-Jones potential energy, U(x), is a function of \"x\" the distance between a pair of...

Chemistry
Q

It is important that a survey is anonymous. It is important for several reasons. Yes, due to...

Psychology
Q

An ideal diatomic gas undergoes a thermodynamic process as shown on indicator P V diagram...

Physics
Q

Games like Wheel of Fortune and Jeopardy have one winner and two losers A three...

Basic Math
Q

for a cache memory of size 32KB how many cache line does the cache hold...

Algebra
Q

Young School for Wee People accounting Young School for...

Accounting
Q

Evergreen Corporation (calendar year-end) acquired the following assets during the current year: (Use MACRS Table...

Accounting
Q

Boyne University offers an extensive continuing education program in many cities throughout the state. For...

Accounting
Q

Was bob completely logical?

Accounting
Q

QUESTION 3 [Total: 25 marks] a) The net export of Lovely DaVida, a well-established US...

Finance
Q

Solve for the unknown interest rate in each of the following: Note: Do not round...

Finance