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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) Fiscal policy can affect only international reserves.
B) Fiscal employment can affect only output and international reserves.
C) Fiscal policy can affect only employment.
D) Fiscal policy can affect only output and employment.
E) Fiscal policy can affect output, employment and international reserves at the same time.
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
Correct!
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#3
8 years ago
Happy to help you!
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