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In Your Opinion Do Government Policies to Stabilize Real Domestic

Question 53

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In your opinion do government policies to stabilize real domestic production have a larger role to play in the IS-LM-FE model or in the monetary approach to the balance of payments? Why? (Note: This question is an extension of the analysis. It is not covered explicitly in the book.)

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In the IS-LM-FE model, there is a role t...

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