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Large Economies, Such as the U

Question 146

Multiple Choice

Large economies, such as the U.S. economy, should ________ adopt a flexible exchange rate, because giving up the power to stabilize the domestic economy via monetary policy ________.


A) almost never; comes with a high cost
B) almost never; is of little consequence
C) nearly always; comes with a high cost
D) nearly always; is of little consequence

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