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Chako Chako
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8 years ago
Under fixed rates, which one of the following statements is the MOST accurate?
A) Monetary policy can affect only international reserves.
B) Monetary policy can not affect international reserves.
C) Monetary policy can affect only employment.
D) Monetary policy can affect only output.
E) Monetary policy can only affect money supply.
Textbook 
International Economics: Theory and Policy

International Economics: Theory and Policy


Edition: 10th
Author:
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machukianmachukian
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#1
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8 years ago
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Chako Author
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#2
8 years ago
Makes a lot of sense, and you're right.. I appreciate the input
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#3
8 years ago
Don't forget to vote my answer as best Nerd Face
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