Multiple Choice
With high short-term international capital flows,fixed exchange rates,and flexible prices
A) monetary policy is effective
B) fiscal policy is effective
C) both fiscal and monetary policies are effective
D) neither fiscal policy nor monetary policies are effective
Correct Answer:

Verified
Correct Answer:
Verified
Q2: An autonomous improvement in the nation's trade
Q3: An autonomous short-term capital outflow under flexible
Q4: Output in the short run exceeds the
Q5: An increase in the money supply with
Q6: A nation's output in the short-run can<br>A)exceed
Q8: An increase in government expenditures leads to<br>A)a
Q9: In general,as the economy expends or contracts
Q10: The aggregate demand curve for an open
Q11: Which of the following statements is false
Q12: Which of the following statements is false?<br>A)a