Re: SAU PAPER

Posted by Homer Simpson on
URL: http://discussion-forum.276.s1.nabble.com/SAU-PAPER-tp7585693p7586167.html

Got a question. please help

In a world of fixed exchange rates and restricted capital flows,

(a) monetary policy effective, fiscal ineffective
(b) fiscal effective, monetary ineffective
(c) neither effective
(d) both effective