The Three Policies Which Cannot Be Maintained Simultaneously by a Nation

question 137

Multiple Choice

The three policies which cannot be maintained simultaneously by a nation (sometimes referred to as the "trilemma") do not include

• A) independent control of the money supply.
• B) independent control of fiscal policy.
• C) fixed exchange rates.
• D) free flow of capital.

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Definitions:

Researcher Bias

The tendency for the preferences, beliefs, or prejudices of a researcher to influence the outcomes of their research.

Response Bias

A tendency in survey or research respondents to answer questions inaccurately due to misunderstanding, social desirability, or other factors.

Researcher Bias

The tendency for researchers to unintentionally influence the outcome of their studies due to personal values, beliefs, or preferences.

Self-administered Questionnaire

A method of data collection where respondents read and answer questions on a survey instrument without the direct involvement of a researcher.