Which of the Following Is True Under Fixed Exchange Rates

question 33

Multiple Choice

Which of the following is true under fixed exchange rates?

• A)Monetary policy is totally ineffective
• B)Fiscal policy is totally ineffective
• C)Expansionary monetary policy improves overall balance-of-payment situation
• D)Expansionary fiscal policy reduces the interest rate

---

Definitions:

Immunoglobulin Levels

The concentration of immunoglobulins, which are antibodies in the blood plasma, indicating the health of the immune system and its ability to respond to pathogens.

Upper Respiratory Infection

An infection that affects the nasal passages, throat, and airways, commonly known as the common cold.

IgA

Immunoglobulin A, a type of antibody that plays a crucial role in the immune function of mucous membranes.

IgG

A type of antibody that plays a critical role in the immune response by identifying and neutralizing pathogens like bacteria and viruses.