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International Economics 14th Edition by Thomas Pugel
Edition 14ISBN: 978-0071280792International Economics 14th Edition by Thomas Pugel
Edition 14ISBN: 978-0071280792 Exercise 2
A country has a floating exchange rate. Government spending now increases in an effort to reduce unemployment. What is the effect of this policy change on the exchange rate value of the country's currency Under what circumstances does the exchange rate change reduce the expansionary effect of the fiscal change
Explanation
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The floating exchange rate is determined...
International Economics 14th Edition by Thomas Pugel
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