Review Problems from Chapter 17

Review Problems from Chapter 17 - 2. Please draw a figure...

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Review Problems from Chapter 17 1. Please compare the effect of permanent fiscal expansion on the current account under fixed exchange rate to the current account effect of permanent fiscal expansion under floating exchange rate.
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Unformatted text preview: 2. Please draw a figure illustrating the actions the central bank must take to maintain a fixed exchange rate following an increase in output. 3. Chapter 17, #10 Using the DD-AA model analyze the output...
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