The Desire of Governments to Be Able to Use Monetary

Multiple Choice

The desire of governments to be able to use monetary and fiscal policies to pursue domestic goals of stable prices and full employment has been a reason that:

A) fixed exchange rates have been replaced with flexible exchange rates.
B) flexible exchange rates have been replace with fixed exchange rates.
C) countries have tried to stabilize their exchange rates at a high level.
D) countries have tried to stabilize their exchange rates at a low level.