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Title: If a country's central bank seeks to stabilize the price level and if nominal shocks from abroad ... Post by: smitch6 on Dec 11, 2017 If a country's central bank seeks to stabilize the price level and if nominal shocks from abroad are important, then
A) a flexible exchange rate is preferable to a fixed exchange rate. B) flexible and fixed exchange rates are equivalent. C) the central bank will not be able to realize its goal. D) a fixed exchange rate is preferable to a flexible exchange rate. E) the central bank should devalue under fixed exchange rates. Title: Re: If a country's central bank seeks to stabilize the price level and if nominal shocks from ... Post by: karmar on Dec 11, 2017 Content hidden
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