R

Ram Sharma • 193.84K Points
Coach Economic 

Q. Exchange rates are flexible and fiscal policy is held constant. A Contractionary monetary policywill be

  • (A) Reinforced byan open economy.
  • (B) Mitigated byan open economy.
  • (C) Unaffected byan open economy.
  • (D) Multiplied bya noutflow of gold.
Correct Answer - Option(A)

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