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Chako Chako
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8 years ago
Fiscal expansion under fixed exchange rates will have what temporary effect?
A) the money supply will decrease.
B) the exchange rate will increase.
C) the exchange rate will decrease.
D) output will decrease.
E) there will be no effect.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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8 years ago
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Chako Author
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#2
8 years ago
Correct!
wrote...
#3
7 years ago
Happy to help you!
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