Brexit expected to rattle U.S. economy The United Kingdom vote to leave the European Union (known as

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“Brexit” expected to rattle U.S. economy The United Kingdom vote to leave the European Union (known as Brexit) is expected to affect the U.S. economy by driving up the value of the dollar.

Explain the effect of a high value of the U.S. dollar on U.S. real GDP and the price level. Use an AS-AD graph to illustrate your answer.

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Foundations Of Economics

ISBN: 9780135897478

9th Edition

Authors: Robin Bade, Michael Parkin

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