After a permanent increase in the money supply,

A.the exchange rate overshoots in the short run.

B.the exchange rate overshoots in the long run.

C.the exchange rate smoothly depreciates in the short run.

D.the exchange rate smoothly appreciates in the short run.

E.None of the above.

Answer: A

© 版权声明
THE END
喜欢就支持以下吧
点赞0 分享
评论 抢沙发

请登录后发表评论

    暂无评论内容