If there is a decline in output, to keep the exchange rate fixed, the central bank has to: | Faculties

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Vijay Sangwan

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📊 International Economics

Q. If there is a decline in output, to keep the exchange rate fixed, the central bank has to:

(A) Purchase foreign assets.
(B) Purchase domestic assets.
(C) Sell domestic assets.
(D) Sell foreign assets.

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✅ Correct Answer: (D) Sell foreign assets.

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