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17. The trilemma refers to the fact that it is impossible for a country to simultaneously have: A) low inflation, low unemployment, and a rapid
17. The trilemma refers to the fact that it is impossible for a country to simultaneously have: A) low inflation, low unemployment, and a rapid rate of GDP growth. B) free capital flows, a fixed exchange rate, and an independent monetary policy. C) high interest rates, a budget deficit, and a trade deficit. D) an expansionary fiscal policy, a contractionary monetary policy, and a flexible exchange rate
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