accurate

Which one of the following statements is the most accurate?

A.Fiscal policy has the same effect on output under fixed and flexible exchange rateB.Fiscal policy affects output more under fixed than under flexible exchange rateC.Fiscal policy...
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01560

which one of the following statements is the most accurate

Under fixed rates, which one of the following statements is the most accurate?A.Fiscal policy can affect output, employment, and international reserves at the same time.B.Fiscal po...
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01200

Which one of the following statements is the most accurate?

A.The dollar rate of return on euro deposits is the euro interest rate plus the rate of depreciation of the dollar against the euro.B.The dollar rate of return on euro deposits is ...
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02830

Which of the following statements is the most accurate?

A.A rise in the interest rate offered by dollar deposits causes the dollar to appreciate.B.A rise in the interest rate offered by dollar deposits causes the dollar to depreciate.C....
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01940

Which one of the following statements is the most accurate?

A.Depreciation is a rise in E when the exchange rate is fixed, and devaluation is a rise in E when the exchange rateB.Depreciation is a decrease in E when the exchange rate floats,...
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01200

Which of the following statements is the most accurate?

A.PPP appears to be of limited use as a short-run explanation of exchange rate movements.B.PPP appears to be of limited use even as a short-run explanation of exchange rate movemen...
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01380

Which one of the following statements is the most accurate?

A.A depreciation of a country’s currency makes its goods cheaper for foreigners.B.A depreciation of a country’s currency makes its goods more expensive for foreigners.C.A depreci...
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01400

Which of the following statements is the most accurate?

A.Relative PPP is not a reasonable approximation to theB.Relative PPP is sometimes a reasonable approximation to the data but usually performsC.Relative PPP is sometimes a reasonab...
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02200

Which one of the following statements is the most accurate?

A.An increase in disposable income improves the currentB.An increase in disposable income does not affect the currentC.An increase in disposable income worsens the currentD.An incr...
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01650

Which one of the following statements is the most accurate?

A.A devaluation occurs when the central bank lowers the domestic currency price of foreign currency, E, and a revaluation occurs when the central bank raisesB.A devaluation occurs ...
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01270