Question: Please need urgent answer for this question I really appreciate it 2 Answer the following 2 questions: 1. Under fixed exchange rate system, which polley,

Please need urgent answer for this question I really appreciate it

2 Answer the following 2 questions: 1. Under fixed exchange rate system, which polley, monetary policy or fiscal policy, would be more effective? (4 marks) 2. Under floating exchange rate systern, in it impossible for Capital flight to happen and cause the central bank to suffer great loss of official reserves? (4 marks)

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