【判断题】For a country with a fixed exchange rate and no sterilization: When the FE curve is flatter than the LM curve, a negative domestic spending shock to the IS curve creates a balance of payments deficit...
【判断题】For a country with a fixed exchange rate and no sterilization: When the FE curve is steeper than the LM curve, a negative domestic spending shock to the IS curve creates a balance of payments surplus,...
flexible, purposeful stabilization is more difficult because monetary policy has no power at all to affect domestic output and employment.
B.
fixed, purposeful stabilization is less difficult because monetary policy has no power at all to affect domestic output and employment.
C.
fixed, purposeful stabilization is more difficult because monetary policy has no power at all to affect domestic output and employment.
D.
a crawling peg, rather than fixed, purposeful stabilization is more difficult because monetary policy has no power at all to affect domestic output and employment.
E.
fixed rather than crawling peg purposeful stabilization is more difficult because fiscal policy has no power at all to affect domestic output and employment.