Question: Monetary policy autonomy can be described as follows: Select one: a.Because a fixed exchange rate system requires maintaining exchange rate parity, it also ensures that

Monetary policy autonomy can be described as

Monetary policy autonomy can be described as follows: Select one: a.Because a fixed exchange rate system requires maintaining exchange rate parity, it also ensures that governments do not expand their money supplies at inflationary rates. b.The removal of the obligation to maintain exchange rate parity restores monetary control to a government. c. The balance of payments adjustment mechanism works more smoothly under a floating exchange rate regime. d. A fixed exchange rate regime prevents destabilizing speculation. Clear my choice

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