International capital flows in an open economy have the effect of
A)reducing the power of monetary policy.
B)increasing the power of monetary policy.
C)increasing the power of monetary policy in an expansion and reducing it in a contraction.
D)reducing the power of monetary policy in an expansion and increasing it in a contraction.

Question

Quizplus · Accepted Answer

The Answer of International capital flows in an open economy have the effect of
A)reducing the power of monetary policy.
B)increasing the power of monetary policy.
C)increasing the power of monetary policy in an expansion and reducing it in a contraction.
D)reducing the power of monetary policy in an expansion and increasing it in a contraction.

International Capital Flows in an Open Economy Have the Effect