See if you can retrace the steps in the five-step argument on pages 445456 to show that

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See if you can retrace the steps in the five-step argument on pages 445–456 to show that a permanent fiscal expansion cannot cause output to fall.

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International Economics Theory and Policy

ISBN: 978-0273754206

9th Edition

Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz

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