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    Principles of Macroeconomics Study Set 11
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    Exam 20: Open-Economy Macroeconomics: the Balance of Payments and Exchange Rates
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    What Role Would Monetary Policy Play in a Country with a Fixed
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What Role Would Monetary Policy Play in a Country with a Fixed

Question 51

Question 51

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What role would monetary policy play in a country with a fixed exchange rate? Explain.

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The short answer is that it would play n...

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