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Under fixed exchange rates, when fiscal policy is counter-cyclical the speed of adjustment: Question 2 options: will be slower compared to the case of non-systematic
Under fixed exchange rates, when fiscal policy is counter-cyclical the speed of adjustment: Question 2 options: will be slower compared to the case of non-systematic fiscal policy none of the options shown will be faster compared to the case of non-systematic fiscal policy will be unchanged compared to the case of non-systematic
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