Business, 12.08.2020 09:01, angie249

Suppose the exchange rate is 90 yen per U. S. dollar and the United States wants to keep the exchange rate at a target rate of 90 yen per U. S. dollar. If the demand for U. S. dollars decrease, the Fed A. buys dollars to raise the exchange rate
B. sells dollars to raise the exchange rate
C. sells dollars to lower the exchange rate
D. buys dollars to lower the exchange rate

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Suppose the exchange rate is 90 yen per U. S. dollar and the United States wants to keep the exchang...