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If a central bank in an open economy with flexible exchange rates wants to reduce net capital ...
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If a central bank in an open economy with flexible exchange rates wants to reduce net capital ...
If a central bank in an open economy with flexible exchange rates wants to reduce net capital outflows, it will need to implement ________ monetary policy.
▸ expansionary
▸ both expansionary and contractionary
▸ unconventional
▸ contractionary
Textbook
Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
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contractionary
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You make an excellent tutor!
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Thanks
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Brilliant
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