Under a fixed-exchange-rate system,monetary policy
A) can only be used to stabilize the domestic economy.
B) can only be used to stabilize the market equilibrium value of the exchange rate.
C) cannot be used.
D) can be used to stabilize the domestic economy or the market equilibrium value of the exchange rate,but not both.
E) can be used to stabilize both the domestic economy and the market equilibrium value of the exchange ratE.
Correct Answer:
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A) indefinitely.
B)
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