Draw a figure similar to the left panel of Figure 19.6 showing how equilibrium in the goods

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Draw a figure similar to the left panel of Figure 19.6 showing how equilibrium in the goods and money markets and in the balance of payments would be reached if the LM′ curve intersected the IS′ curve below the BP′ curve for an economy operating under flexible exchange rates.
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International Economics

ISBN: 978-1119915737

11th edition

Authors: Dominick Salvatore

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