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book The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin cover

The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin

النسخة 4الرقم المعياري الدولي: 978-0133859997
book The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin cover

The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin

النسخة 4الرقم المعياري الدولي: 978-0133859997
تمرين 3
Why is it that in a pure flexible exchange rate system, the foreign exchange market has no direct effects on the monetary base and the money supply? Does this mean that the foreign exchange market has no effect on monetary policy?
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In a pure flexible exchange rate system,...

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The Economics of Money, Banking and Financial Markets 4th Edition by Frederic Mishkin
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