In the Mundell-Fleming model with a floating exchange rate and perfect capital mobility, expansionary fiscal policy does all of the following EXCEPT:
a. increase interest rates.
b. increase income.
c. increase the IS curve.
d. increase inflation.
A
Economics
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When housing prices rise, homeowners gain equity in their homes
Indicate whether the statement is true or false
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Public television periodically runs pledge drives to raise money. Only a small percentage of the people who benefit from public television are willing to pay. What do economists call the people who do not pay?
A. Adverse selectors B. Free riders C. Thieves D. The excludable
Economics