Question 19 (5 points) Comparing fixed with flexible exchange rates, a negative demand shock will: create a bust-boom cy

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Question 19 5 Points Comparing Fixed With Flexible Exchange Rates A Negative Demand Shock Will Create A Bust Boom Cy 1 (39.12 KiB) Viewed 29 times

Question 19 (5 points) Comparing fixed with flexible exchange rates, a negative demand shock will: create a bust-boom cycle under each system create a bust-boom cycle only under flexible rates O create a bust-boom cycle only under fixed rates none of the options shown Question 20 (5 points) Under fixed exchange rates, when fiscal policy is counter-cyclical the speed of adjustment: will be faster compared to the case of non-systematic fiscal policy will be unchanged compared to the case of non-systematic fiscal policy will be slower compared to the case of non-systematic fiscal policy none of the options shown