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Basic Question 2 of 6
The end result of a typical unsterilized intervention is:
B. Higher interest rates.
C. Stable price level.
A. An increase in the monetary base.
B. Higher interest rates.
C. Stable price level.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe objectives of central bank or government intervention and capital controls and describe the effectiveness of intervention and capital controls;
CFA® 2025 Level II Curriculum, Volume 1, Module 8.