If exchange rates are perfectly flexible, an expansionary U.S. ...

[sjones]

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

[Koolkid240]

Answer to Question 1

E

Answer to Question 2

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

[sjones]

Thanks for the timely response, appreciate it

[kjohnson]

TYSM