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Author Question: If exchange rates are perfectly flexible, an expansionary U.S. monetary policy will a. increase ... (Read 84 times)

sjones

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on: Jun 30, 2018
If exchange rates are perfectly flexible, an expansionary U.S. monetary policy will
 
  a. increase the supply of dollars in the foreign exchange market.
  b. shift the LM curve to the right.
  c. reduce the demand for dollars in the foreign exchange market.
  d. reduce the value of the dollar.
  e. all of the above.

Question 2

Like Franklin D. Roosevelt (193345), William J. Clinton's (19932001) deficit-reducing tax hikes pushed the economy into a recession.
 
  Indicate whether the statement is true or false


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Koolkid240

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Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

False (Only FDR's tax hikes resulted in a recession.)


sjones

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Joy Chen

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Reply 3 on: Yesterday
Wow, this really help

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