Multiple Choice
Under a system of managed-floating exchange rates with heavy exchange rate intervention:
A) Fiscal policy is successful in promoting internal balance,while monetary policy is unsuccessful
B) Monetary policy is successful in promoting internal balance,while fiscal policy is unsuccessful
C) Both fiscal policy and monetary policy are successful in promoting internal balance
D) Neither fiscal policy nor monetary policy are successful in promoting internal balance
Correct Answer:
Verified
Correct Answer:
Verified
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