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  3. Study Set
    International Economics Study Set 2
  4. Exam
    Exam 24: Floating Exchange Rates and Internal Balance
  5. Question
    Monetary Policy Is Only Effective in a Country with Floating
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Monetary Policy Is Only Effective in a Country with Floating

Question 3

Question 3

True/False

Monetary policy is only effective in a country with floating exchange rates when capital is highly mobile.

Correct Answer:

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