: the central bank’s ability to constantly obtain foreign currency for the sterilized intervention is constrained.Assume that the exchange rates are fixed. When money demand is less sensitive to interest rate changes than are international capital flows, _ policy will be ___ effective than when money demand is more sensitive to interest changes than are international capital flows.A:sterilized intervention; more B:expansionary monetary; more C:expansionary fiscal; less D:expansionary fiscal; more



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