![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
![EXCHANGE RATE REGIMES Julie Harris. Fixed vs. Floating The exchange rate fluctuates in a narrow range (or not at all) against a base currency over a. - ppt download EXCHANGE RATE REGIMES Julie Harris. Fixed vs. Floating The exchange rate fluctuates in a narrow range (or not at all) against a base currency over a. - ppt download](https://images.slideplayer.com/23/6858170/slides/slide_2.jpg)
EXCHANGE RATE REGIMES Julie Harris. Fixed vs. Floating The exchange rate fluctuates in a narrow range (or not at all) against a base currency over a. - ppt download
![Explain the difference between a fixed exchange rate and a floating exchange rate | Sami's Economics Blog Explain the difference between a fixed exchange rate and a floating exchange rate | Sami's Economics Blog](https://samiseconblog.files.wordpress.com/2011/01/exchange1.jpg)