Critical Thinking: Fiscal and Monetary Policies under the Fixed Exchange Rate in Saudi Arabia – How do fiscal and monetary policies under the fixed exchange rate in Saudi Arabia help the country to increase the living standard? – What are the goals of the monetary and fiscal policies, and how are they achieved? – What are the challenges that the country may encounter on the journey to achieve the goals? – What are the instruments they may use to overcome these challenges? Direction: An essay is required to be nine pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements. Support the essay with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles. Use the Saudi Digital Library to find your resources. Use and follow APA style guidelines. It is strongly encouraged that you submit all assignments into Turnitin prior to submitting them to your instructor for grading. Review the grading rubric to see how you will be graded for this assignment. . – Please use Robert Carbaugh in the essay as a reference International Economics 15th Edition