Multiple Choice
The Mundell-Fleming model assumes that:
A) prices are flexible, whereas the IS-LM model assumes that prices are fixed.
B) prices are fixed, whereas the IS-LM model assumes that prices are flexible.
C) as in the IS-LM model, prices are fixed.
D) as in the IS-LM model, prices are flexible.
Correct Answer:
Verified
Correct Answer:
Verified
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