Question: Suppose that 1 < y, CA < 0, and G> I. The goal of the policymakers is to achieve Y, reduce the CA deficit, and

Suppose that 1 < y, CA < 0, and G> I. The goal of the policymakers is to achieve Y, reduce the CA deficit, and eliminate the budget deficit. Using the large open economy model, illustrate and explain what combination of monetary and fiscal policies will achieve all three goals

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