The trilemma refers to all the following EXCEPT:
a. a fixed exchange rate.
b. international capital mobility.
c. monetary policy autonomy.
d. price controls.
Ans: d. price controls.
Economics
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A) increase; import the good B) not change; import the good C) decrease; export the good D) decrease; import the good E) increase; export the good
Economics
The elasticity of supply equals ________ if the supply curve is vertical
A) 0 B) 1 C) infinity D) -1
Economics