Question
Which of the following is not true if a fixed exchange rate system? a) foreign exchange reserves are costly b) it is good for business
Which of the following is not true if a fixed exchange rate system?
a) foreign exchange reserves are costly
b) it is good for business
c) it makes pursuing domestic macroeconomics objective easier
d) it keeps a country from using inflationary prices
Step by Step Solution
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correct option is C With fixed exchange rate system government ...
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Human Biology
Authors: Sylvia S. Marder, Michael Windelspecht
13th edition
73525480, 978-0073525488
