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In Comparison to a Fixed Exchange Rate System,a Flexible Exchange

Question 185

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In comparison to a fixed exchange rate system,a flexible exchange rate system


A) weakens the impact of monetary policy on aggregate demand.
B) strengthens the impact of monetary policy on aggregate demand.
C) increases uncertainty about the future exchange rate.
D) decreases uncertainty about the future exchange rate.
E) is more likely to suffer from speculative attacks.

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