Under perfect capital mobility, fiscal policy has the largest impact on the income under:
a. fixed exchange rates.
b. floating exchange rates.
c. dollarization.
d. a currency union.
A
Economics
You might also like to view...
In order for large countries to successfully use tariffs to increase well-being,
A) they must have significant market power . B) the deadweight loss created by the tariff must be greater than the government revenue the tariff generates. C) domestic production must increase more significantly than for the small country case. D) domestic consumption and imports must decrease more significantly than in the small country case.
Economics
Getting a master's degree is an example of investing in:
A. human capital. B. technology. C. research and development. D. physical capital.
Economics