  We analyze the two dimensional type 0 theory with background RR-fluxes. Both
the 0A and the 0B theory have two distinct fluxes $q$ and $\tilde q$. We study
these two theories at finite temperature (compactified on a Euclidean circle of
radius $R$) as a function of the fluxes, the tachyon condensate $\mu$ and the
radius $R$. Surprisingly, the dependence on $q$, $\tilde q$ and $\mu$ is rather
simple. The partition function is the absolute value square of a holomorphic
function of $y=|q|+|\tilde q| + i \sqrt{2\alpha'} \mu$ (up to a simple but
interesting correction). As expected, the 0A and the 0B answers are related by
T-duality. Our answers are derived using the exact matrix models description of
these systems and are interpreted in the low energy spacetime Lagrangian.
