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For an open economy under a floating exchange rate regime, _________________________. a.) Monetary policy is highly effective. b.) Fiscal policy is highly effective. c.) Monetary policy is ineffective.
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For an open economy under a floating exchange rate regime, _________________________.

a.) Monetary policy is highly effective.

b.) Fiscal policy is highly effective.

c.) Monetary policy is ineffective.

d.) B and C.

User DafyddPrys
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4 votes
The answer is either B or D
User Dreza
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