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Q3.9. On September 11, 2019, President Trump tweeted that the Federal Reserve should cut
interest rates to zero or less. If financial markets view the Federal Reserve as being completely
independent from the executive branch. Then what would be the likely market reaction on the
value of the dollar relative to the euro. There should be no reaction based on that tweet The value
of the dollar would drop The value of the euro would drop The value of the dollar would increase
Q3.10. "Ukraine could join the European Union if they wanted, because they are physically
located in continental Europe." (T/F. Explain if F)
Q3..11 "Romania is part of the European Union. They could join the European Monetary Union
if they wanted, because they are already part of the EU." (T/F. Explain if F)

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Q3.9. On September 11, 2019, President Trump tweeted that the Federa.pdf

  • 1. Q3.9. On September 11, 2019, President Trump tweeted that the Federal Reserve should cut interest rates to zero or less. If financial markets view the Federal Reserve as being completely independent from the executive branch. Then what would be the likely market reaction on the value of the dollar relative to the euro. There should be no reaction based on that tweet The value of the dollar would drop The value of the euro would drop The value of the dollar would increase Q3.10. "Ukraine could join the European Union if they wanted, because they are physically located in continental Europe." (T/F. Explain if F) Q3..11 "Romania is part of the European Union. They could join the European Monetary Union if they wanted, because they are already part of the EU." (T/F. Explain if F)