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Question 20 1 pts In the Mundell-Fleming IS-LM open economy model with a flexible exchange rate and perfect international capital mobility, a more restrictive monetary policy will, in short run equilibrium, result in O a lower level of output, higher interest rate, a depreciated value of the exchange rate and a higher volume of exports O a higher level of output, lower interest rate, a depreciated value of the exchange rate and greater net capital inflow O a lower level of output, lower private expenditure, an appreciated value of the exchange rate and greater net capital inflow O a lower level of output, a higher interest rate, an appreciated value of the exchange rate and greater net capital outflow