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Assume that exchange rates are fixed. When international capital flows are more responsive to interest rate changes than is money demand, policy will be effective
Assume that exchange rates are fixed. When international capital flows are more responsive to interest rate changes than is money demand, policy will be effective than when international capital flows are less responsive to interest changes than is money demand. Multiple Choice O expansionary monetary; more O expansionary fiscal; less O expansionary fiscal; more O sterilized intervention; more
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Principles of Economics
Authors: Fred M. Gottheil
7th edition
978-1133962069, 9781285064444, 1133962068, 1285064445, 978-1285064437
