If the demand for money is volatile (it changes a lot) then with will be smaller fluctuations in output as with such exchange rates shocks in the money market exchange rates there _into the goods market. A) fixed; do not spill over. B) flexible; do not spill over. C) fixed; spill over. D) flexible; spill over

If the demand for money is volatile (it changes a lot) then with will be smaller fluctuations in output as with such exchange rates shocks in the money market exchange rates there _into the goods market. A) fixed; do not spill over. B) flexible; do not spill over. C) fixed; spill over. D) flexible; spill over

Macroeconomics: Private and Public Choice (MindTap Course List)

16th Edition

ISBN:9781305506756

Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

Chapter14: Modern Macroeconomics And Monetary Policy

Section: Chapter Questions

Problem 15CQ

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