Under flexible exchange rates, monetary policy is a powerful short-term tool for aggregate demand management.

Name: Under flexible exchange rates, monetary policy is a powerful short-term tool for aggregate demand management.
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Under flexible exchange rates, monetary policy can effectively influence aggregate demand by adjusting interest rates, which affects currency value, investment, and consumption, making it a potent short-term tool for managing economic activity.

Under Flexible Exchange Rates, Monetary Policy Is a Powerful Short-Term