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Ao9 Ao9
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8 years ago
In the monetary small open-economy model, a flexible exchange rate insulates the domestic price level from
A) both real and nominal shocks from abroad.
B) nominal shocks from abroad, but not from real shocks from abroad.
C) real shocks from abroad, but not from 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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#1
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8 years ago
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Ao9 Author
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#2
8 years ago
Solved!!
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#3
8 years ago
Glad to help...
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