15,16

Question Completion Status: QUESTION 15 With a fixed exchange rate, what would be effective stabilization policy during a recession? O Expansionary fiscal policy O Expansionary monetary policy O Contractionary fiscal policy O Contractionary monetary policy QUESTION 16 because it affects a component of aggregate demand. On the DD curve, exchange rate depreciation causes output to A. fall; investment B. fall; the current account o rise; consumption OD. rise; the current account QUESTION 17 shte in tame Inflation. The country's