Question

The "unholy trinity," "impossible trinity," or the "policy Trilemma" are all synonyms for the concept that...

The "unholy trinity," "impossible trinity," or the "policy Trilemma" are all synonyms for the concept that a country must choose two of three monetary policy goals, but it can never have all three (exchange rate stability, private capital mobility, monetary policy autonomy) . For the following countries identify what two policy goals their current (last 20 years) monetary policy reflects and explain your reasoning: U.S., China, and France .

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Monetary policy in US has aimed at inflation targeting and monetary policy autonomy over government to help stimulate economy and increase overall liquidity.

Monetary policy in China is aimed at exchanges rate stabilisation of yuan versus dollar, and is aimed perfect capital mobility to increase overall consumption and spending in economy and grow at highest rate.

Monetary policy in Frnace foo is aimed at targeting exchange rate stability and perfect capital mobility to curb excessive devaluation of their currency Franc and enhance capital inflows.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Impossible trinity principle states that only two of the three following features are compatible with each...
Impossible trinity principle states that only two of the three following features are compatible with each other: Group of answer choices A)Flexible exchange rate, full capital mobility and monetary policy autonomy B)Flexible exchange rate, limited capital mobility and monetary policy autonomy C)Fixed exchange rate, limited capital mobility and monetary policy autonomy D)Fixed exchange rate, full capital mobility and monetary policy autonomy
. The trilemma states that policymakers must choose among the following policy goals: Fixed exchange rates,...
. The trilemma states that policymakers must choose among the following policy goals: Fixed exchange rates, monetary autonomy and capital mobility. Which of the above goals is the least important to policymakers under the following exchange rate systems: a. Gold standard b. Bretton woods
The trilemma states that policymakers must choose among the following policy goals: Fixed exchange rates, monetary...
The trilemma states that policymakers must choose among the following policy goals: Fixed exchange rates, monetary autonomy and capital mobility. Which of the above goals is the least important to policymakers under the following exchange rate systems: a. Gold standard b. Bretton woods
QUESTION 1 Some examples of policy tools aimed at reducing inequality include all but which of...
QUESTION 1 Some examples of policy tools aimed at reducing inequality include all but which of the following:         Encouraging entrepreneurs         Imposing anti-competitive measures         Imposing administrative barriers to trade         Maintaining fairness in market mechanisms 0.25 points    QUESTION 2 Corruption is a serious issue in all but which one of the following countries?         Philippines         Indonesia         China         Australia 0.25 points    QUESTION 3 Supporters of capitalism...
please answer all of them i dont have enough time left, thank you 13. The ultimate...
please answer all of them i dont have enough time left, thank you 13. The ultimate purpose of fundamental stock valuation is: A. to eliminate stocks of those companies that are potential losers from the portfolio. B. to identify for purchase those companies that are fundamentally undervalued. C. to learn to identify peaks and troughs of the business cycle. D. Two of the above. 16. All of the following are disadvantages of fiscal policy, except: A. a long implementation lag....
Argentina and Ecuador: Understanding the Currency Crisis While fiscal policy is never far from the mind...
Argentina and Ecuador: Understanding the Currency Crisis While fiscal policy is never far from the mind of your average Argentine, who remembers the tough times and hyperinflation of the 1980s, the events of 2001 and 2002 have brought fiscal policy back to the forefront of public concern. Though the early 1990s may have been characterized by financial optimism, Argentina has been in a recession since Brazil's 1998 monetary crisis sent shockwaves across the regional and global markets. In early 2002,...
please answer all of them, thank you 10. Some of the major coincident indicators would be:...
please answer all of them, thank you 10. Some of the major coincident indicators would be: A. money supply (M2), consumer expectations, and stock prices (S&P 500). B. personal income, employees on nonagricultural payrolls, and industrial production. C. average prime rate charged by banks, labor cost per unit of output, and commercial and industrial loans outstanding. D. All of the above are coincident indicators 13. The ultimate purpose of fundamental stock valuation is: A. to eliminate stocks of those companies...
Please don't copy and paste from other website. Outline the key fiscal and monetary policy actions,...
Please don't copy and paste from other website. Outline the key fiscal and monetary policy actions, respectively, of New Zealand against the COVID-19 shocks(already outlined below) use appropriate macroeconomic models and theories covered in this course to explain their expected impacts. Discuss any limitations of these policy actions. (~600 words) TIPS: ⮚ If there are many policy actions, you could list all of them but focus on the key ones for discussion. ⮚ The government may take multiple actions (e.g....
All of these are True or False question, please find full correct and precise answers with...
All of these are True or False question, please find full correct and precise answers with Gregory and Stuart, Comparing Economic System in the Twenty-First Century, 7th edition. 1.Classification criteria for economic systems include decision-making systems, mechanism for information and coordination, incentive structures, property tights and mechanism for public choices. 2.All economic systems can be classified as market capitalism or centrally planned socialism. 3.Generally speaking, transition economies emerging from the former Soviet Union have done least well with transition, while...
1. The Federal Reserve Act says that the Fed must try to achieve​ ______. A. a...
1. The Federal Reserve Act says that the Fed must try to achieve​ ______. A. a balanced budget B. maximum​ employment, stable​ prices, and moderate​ long-term interest rates C. a stable U.S. dollar on foreign exchange markets and moderate​ long-term and​ short-term interest rates D. an economic environment in which investment in U.S. stock and money markets is encouraged The Federal Reserve Act says that the Fed must use​ ______ to achieve its objectives. A. bank reserves B. commercial banks...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT