In 2008 poland was forced to devalue its currency against


1. In 2008, Poland was forced to devalue its currency against the Euro. Which of the following groups was most damaged?

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

2. Which of the following central banks use(s) the channel system for targeting interest rates?

A. ECB

B. Bank of Canada

C. Federal Reserve

D. all of the above

3. The TSLF is an example of

A. securities lending.

B. open market operations.

C. both of the above.

D. neither of the above.

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Business Economics: In 2008 poland was forced to devalue its currency against
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