Explain which policy is more effective, Microeconomics

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Explain which policy is more effective

Problem

1. Compare and contrast the effectiveness of contractionary monetary and fiscal policies under flexible exchange rates. Which policy is more effective? Explain.

2. Compare and contrast the effectiveness of contractionary monetary and fiscal policies under fixed exchange rates. Which policy works best? Explain.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Explain which policy is more effective

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