Why fiscal policy effective but monetary policy ineffective, International Economics

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Why fiscal policy effective but monetary policy ineffective

Problem

Why is fiscal policy effective but monetary policy ineffective under fixed exchange rates? Why is the opposite true under flexible rates?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: Why fiscal policy effective but monetary policy ineffective

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International Economics: Why fiscal policy effective but monetary policy ineffective

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