1. Using the Mundell-Fleming model, describe the effects of: (a) A fiscal expansion under fixed and flexible...
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Question:
1. Using the Mundell-Fleming model, describe the effects of:
(a) A fiscal expansion under fixed and flexible exchange rate regimes
(b) A monetary expansion under fixed and flexible exchange rate regimes
(c) An increase in the world interest rate under fixed and flexible exchange rate regimes
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