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Can I get detailed explanations and answers? Now assume the country has a fixed exchange rate rather than a floating rate. a. Explain how the
Can I get detailed explanations and answers?
Now assume the country has a fixed exchange rate rather than a floating rate. a. Explain how the central bank could use a change in the exchange rate to stimulate the economy. Also explain what monetary and fiscal policies you would use along with a change in the exchange rate. b. Now suppose the country has large debts in a foreign currency. Would this change your answer in (a)? ExplainStep by Step Solution
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