It Is Impossible to Conduct _______ Policy and Maintain a _______

question 58

Multiple Choice

It is impossible to conduct _______ policy and maintain a _______ exchange rate.

• A) monetary; fixed
• B) monetary; floating
• C) fiscal; fixed
• D) fiscal; floating

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Definitions:

Complex

Consisting of many different and connected parts.

Simple

Easily understood or done; presenting no difficulty, or in logic, referring to an uncompounded statement or idea.

Implausible

Something that appears unlikely or difficult to believe based on available evidence or common sense.

Explanation

A statement or account that makes something clear by describing the relevant facts, reasons, or processes underlying a particular phenomenon or event.