Question 1: Is it false that the influence that FED policies have on excess reserves makes a difference?
Question 2: Is it true that international trade tends to equalize prices of goods and services around the world?
Question 3: Is it false that an increase in U.S. prices increases the supply of dollars and causes an appreciation in the exchange rate of the dollar?
Question 4: Is it false that the Federal Funds rate is the interest rate banks charge each other?