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please provide detail on how to get to answer 36. But adopting fixed exchange rates entails a steep price, namely, that the government is prohibited
please provide detail on how to get to answer
36. "But adopting fixed exchange rates entails a steep price, namely, that the government is prohibited from using to fight slumps. The upshot is a neat illustration of the "no-free-lunch" maxim so beloved by economists." The blank is best filled in with: a) fiscal policy b) tariff policy c) monetary policy d) supply-side policyStep by Step Solution
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