Under what capital flow conditions is fiscal policy least effective in a fixed-rate regime? Most effective? Why?

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International Economics

ISBN: 9780078021671

8th Edition

Authors: Dennis Appleyard, Alfred Field

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Question Posted: Dec 02, 2015 04:31 AM

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Under what capital flow conditions is fiscal policy least effective in a fixed-rate regime? Most effective? Why?

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Fiscal policy is least effective when capital is perf...View the full answer

International Economics

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