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【单选题】Monetary policy under a fixed exchange rate regime will be:
A.
more effective than fiscal policy.
B.
more powerful with high capital mobility than with low capital mobility.
C.
likely to cause large and persistent deficits.
D.
constrained and relatively ineffective.
【单选题】The International Monetary Fund (IMF) was created under the ( ).
A.
International Gold Standard
【多选题】Which items are usually translated at current rate under monetary / non monetary approach?
【单选题】Under the monetary approach to the exchange rate,_____________
A.
a reduction in the money supply will cause immediate currency depreciation.
B.
a rise in the money supply will cause currency depreciation.
C.
a rise in the money supply will cause immediate currency appreciation.
D.
a rise in the money supply will cause depreciation.
E.
a rise in the money supply will cause immediate currency depreciation.
【单选题】Under the monetary approach to the exchange rate,
A.
an interest rate decrease is associated with higher expected inflation and a currency that will be weaker on all future dates.
B.
an interest rate increase is associated with higher expected deflation and a currency that will be weaker on all future dates.
C.
an interest rate increase is associated with higher expected inflation and a currency that will be strengthened on all future dates.
D.
an interest rate increase is associated with higher expected deflation and a currency that will be strengthened on all future dates.
E.
an interest rate increase is associated with higher expected inflation and a currency that will be weaker on all future dates.