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MMLU-Pro / 7680 / Economy X is an open economy with flexible exchange rates. Economy Y is closed.…

Problem

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question

Economy X is an open economy with flexible exchange rates. Economy Y is closed. Ceteris paribus expansionary monetary policy is

category

economics

options

  1. more effective in X because the policy will increase net exports.
  2. more effective in X because the policy will decrease net exports.
  3. equally effective in X and Y.
  4. less effective in X because the policy will decrease net exports.

src

ori_mmlu-high_school_macroeconomics

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