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According to the Mundell-Fleming model for a small open economy with flexible exchange rates, if the Federal Reserve cannot alter domestic interest rates, changes in the money supply could still influence aggregate income through changes in the:
Rock Powder
Finely ground rock that can be used as a soil amendment to provide minerals and nutrients for plant growth.
Sand
A grain or rock fragment smaller than 2 mm and larger than 1/16 mm.
Rounded Stones
Stones with smooth edges and surfaces typically resulting from extended water or wind erosion and abrasion.
Broken Shells
Shell fragments resulting from mechanical damage or natural wear and tear.
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