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- 2024-02-21 发布于广东
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CHAPTER9InternalandExternalBalancewithFixedExchangeRates1
FixedRateandMacroEconomyDivergencesbetweentheIS-LMintersectionandtheFEcurvecallforofficialinterventionOfficialinterventioncausesORtransactionsTheofficialsettlementsbalanceisnotzeroCreatespressuresforinternaladjustments.2
OfficialInterventionInterventionvs.monetarypolicyInterventionchangesMs,andtendstoreducetheimbalanceInterventionlimitstheindependenceofmonetarypolicy3
Externalvs.InternalBalancePursueexternalbalance,lettinginflationorunemploymentgetoutofcontrol?Focus
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