How do imports and exports relate to the IS curve under a floating exchange rate system? Under a fixed exchange rate system? What are the effects on interest rates and real GDP of expansionary...

How do imports and exports relate to the
IS

curve under a floating exchange rate system?

Under a fixed exchange rate system?

What are the effects on interest rates and real

GDP of expansionary monetary policy in an open

economy with floating exchange rates? With

fixed exchange rates?

What is the policy trilemma?

May 18, 2022

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