How does the additional policy channel available in an open economy affect monetary policy?
A. It has an indeterminate effect, sometimes increasing and sometimes decreasing the ability of an expansionary monetary policy to affect aggregate demand.
B. It does not have any effect on the ability of an expansionary monetary policy to affect aggregate demand.
C. It decreases the ability of an expansionary monetary policy to affect aggregate demand.
D. It increases the ability of an expansionary monetary policy to affect aggregate demand.
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How does the additional policy channel available in an open economy affect monetary policy?
A. It h...
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