Q. Exchange rates are flexible and fiscal policy is held constant. An expansionary monetary policy will be

  • (A) Reinforce dbyan open economy.
  • (B) Mitigated byan open economy.
  • (C) Unaffected byan open economy.
  • (D) Multiplied byan outflow of gold.
✅ Correct Answer: (A) Reinforce dbyan open economy.

Published by Ram Sharma ⭐ 193.88K Points at 04-Jun-2022 09:23 pm in Economic

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