Expansionary monetary policy in an open economy with a fixed exchange rate is:单项选择题

A

strengthened because the government’s actions to counteract an appreciation of the currency also counteract the potential for crowding out.

B

weakened because the government’s actions to counteract a depreciation of the currency many also cause exports to fall and imports to rise.

C

weakened due to the impossible trinity.

D

strengthened because the government’s actions to counteract an appreciation of the currency many also cause exports to rise and imports to fall.

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