The intersection of the IS* and LM* curves shows the and the at which both the goods market and the money market are in equilibrium.
A) interest rate; price level price
B) level; exchange rate level of
C) output; exchange rate level of
D) output; price level
Correct Answer:
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Q2: In the Mundell-Fleming model, the exogenous variables
Q5: In the Mundell-Fleming model on a Y
Q6: If short-run equilibrium in the Mundell-Fleming model
Q7: Under a floating system, the exchange rate:
A)
Q8: In the Mundell-Fleming model:
A)the exchange rate system
Q9: In a small open economy with a
Q10: If short-run equilibrium in the Mundell-Fleming model
Q11: In the Mundell-Fleming model, the domestic interest
Q14: The Mundell-Fleming model assumes that:
A) prices are
Q18: In a small open economy with a
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