Question

Which scenario best describes the 'trilemma' or 'impossible trinity' in the context of the Mundell-Fleming Model?

A A country cannot have free trade, a balanced budget, and high employment simultaneously
B A country cannot have a fixed exchange rate, independent monetary policy, and free capital mobility simultaneously
C A country cannot have low inflation, low unemployment, and high economic growth simultaneously
D A country cannot have high savings, high investment, and high consumption simultaneously
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