www.filosoffen.dk - The Difference between Floating and Fixed Exchange Rates and the Impac Assignment -1
![Using the AA-DD model, explain why under credible fixed exchange rate, temporary monetary policy is ineffective whereas under floating exchange rate it is effective in rising output. | Homework.Study.com Using the AA-DD model, explain why under credible fixed exchange rate, temporary monetary policy is ineffective whereas under floating exchange rate it is effective in rising output. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/untitled4473100177570692827.png)
Using the AA-DD model, explain why under credible fixed exchange rate, temporary monetary policy is ineffective whereas under floating exchange rate it is effective in rising output. | Homework.Study.com
![Monetary policy under flexible exchange rate. (a) Imperfect capital... | Download Scientific Diagram Monetary policy under flexible exchange rate. (a) Imperfect capital... | Download Scientific Diagram](https://www.researchgate.net/publication/322559321/figure/fig3/AS:583960052633601@1516238334194/Monetary-policy-under-flexible-exchange-rate-a-Imperfect-capital-mobility-b-low.png)