In the View of Economists, Which One of the Following

question 6

Multiple Choice

In the view of economists, which one of the following statements is true?

• A) Fiscal policy is unambiguously more effective in influencing national income under Flexible exchange rates than under fixed exchange rates.
• B) Fiscal policy is unambiguously more effective in influencing national income under Fixed exchange rates than under flexible exchange rates.
• C) Monetary policy is unambiguously more effective in influencing national income Under flexible exchange rates than under fixed exchange rates.
• D) Monetary policy is unambiguously more effective in influencing national income Under fixed exchange rates than under flexible exchange rates.

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Definitions:

Earliest Fossils

The oldest known remnants or impressions of ancient organisms preserved in rock.

Own Species

The specific group of organisms to which an individual belongs, identifying it from others in terms of genetics and morphology.

Million Years Ago

A unit of time used in geology and paleontology to denote periods that are millions of years in the past from the present day.

Stromatolites

Layered bio-chemical structures formed in shallow water by the trapping, binding, and cementation of sedimentary grains by microorganisms, mainly cyanobacteria.