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Ao9 Ao9
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8 years ago
In the monetary small open-economy model, a fixed exchange rate insulates the domestic price level from
A) real shocks from abroad, but not nominal shocks from abroad.
B) nominal shocks from abroad, but not from real shocks from abroad.
C) both real and nominal shocks from abroad.
D) neither real nor nominal shocks from abroad.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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Ao9 Author
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8 years ago
Expert Upwards Arrow Smiling Face with Open Mouth
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You're welcome Wink Face Message me if you need any more assistance with your other questions.
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