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    Principles of Macroeconomics Study Set 12
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    Exam 19: Open-Economy Macroeconomics: the Balance of Payments and Exchange Rates
  5. Question
    Monetary Policy Is More Effective When the Exchange Rate Is
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Monetary Policy Is More Effective When the Exchange Rate Is

Question 71

Question 71

True/False

Monetary policy is more effective when the exchange rate is flexible and the economy is open.

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