In an open economy under flexible exchange rates and represented by the IS-LM-IP model,a reduction in government spending will cause a reduction in which of the following?
A)net exports
B)the exchange rate, E
C)exports
D)all of the above
E) none of the above

Question

Quizplus · Accepted Answer

The Answer of In an open economy under flexible exchange rates and represented by the IS-LM-IP model,a reduction in government spending will cause a reduction in which of the following?
A)net exports
B)the exchange rate, E
C)exports
D)all of the above
E) none of the above

In an Open Economy Under Flexible Exchange Rates and Represented