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Chako Chako
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8 years ago
Under fixed exchange rates
A) both monetary and fiscal policies are effective.
B) monetary policy is not an effective policy.
C) monetary policy and fiscal policy are not effective.
D) fiscal policy is not an effective policy.
E) monetary policy has an unpredictable effect on the domestic 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
Correct!
wrote...
#3
8 years ago
Thanks for the feedback, I'm sure others will appreciate it too
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