The movement to more flexible exchange rates has made it necessary to more fully coordinate the use of monetary and fiscal policy. Explain why this is so, using the IS/LM/BP model, an income target, and an interest rate target.

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The Answer of The movement to more flexible exchange rates has made it necessary to more fully coordinate the use of monetary and fiscal policy. Explain why this is so, using the IS/LM/BP model, an income target, and an interest rate target.

The Movement to More Flexible Exchange Rates Has Made It