Explain why under fixed exchange rate, monetary policy is ineffective whereas under floating exchange rate it is effective in risingAnswer: Under floating, by purchasing domestic a...
If the dollar interest rate is 10 percent and the euro interest rate is 6 percent, thenA.an investor should invest only in dollars.B.an investor should invest only in euros.C.an in...
Using the DD – AA framework, which one of the following statements is the most accurate?A.Only monetary policy can bring the economy to fullB.Only fiscal policy can bring the econ...