Which of the following policies alone is appropriate for a country with high unemployment, a balance of payments surplus, and fixed exchange rates?
A. expansionary fiscal policy
B. expansionary monetary policy
C. contractionary fiscal policy
D. uncertain
Answer:A
Which of the following policies alone is appropriate for a country with high unemployment, a balance of payments surplus, and fixed exchange rates?
A. expansionary fiscal policy B. expansionary monetary policy C. contractionary fiscal policy D. uncertain