Assume That the Exchange Rates Are Fixed

question 56

Multiple Choice

Assume that the exchange rates are fixed. When money demand is less sensitive to interest rate changes than are international capital flows, _____ policy will be _____ effective than when money demand is more sensitive to interest changes than are international capital flows.

• A)expansionary fiscal; more
• B)expansionary fiscal; less
• C)expansionary monetary; more
• D)sterilized intervention; more

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Definitions:

CRM

Customer Relationship Management, a strategy and technology for managing a company's interactions with current and potential customers.

TPS

An information system known as the Transaction Processing System is built to accumulate, preserve, change, and access transactions data for an organization.

IS Systems

"Information Systems," integrated sets of components for collecting, storing, and processing data and for providing information, knowledge, and digital products.

Internal Processes

The procedures and activities conducted within an organization to ensure effective operation and fulfillment of the organization's goals.