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28 Sep 2019
Examine the effects of a fiscal expansion in a small open economy. What are the effects of a fiscal expansion on income and the trade balance under (a) a fixed exchange rate regime; (b) a flexible exchange rate regime?
Examine the effects of a fiscal expansion in a small open economy. What are the effects of a fiscal expansion on income and the trade balance under (a) a fixed exchange rate regime; (b) a flexible exchange rate regime?
Divya SinghLv10
28 Sep 2019
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