Why the short run mechanisms in the AA-DD model break down (i.e., Discuss and describe the J-curve

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Why the short run mechanisms in the AA-DD model break down (i.e., Discuss and describe the J-curve and Exchange Rate Passthrough)

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Microeconomics An Intuitive Approach with Calculus

ISBN: 978-0538453257

1st edition

Authors: Thomas Nechyba

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Posted Date: Jan 29, 2024 03:18 AM

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Why the short run mechanisms in the AA-DD model break down (i.e., Discuss and describe the J-curve

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In the AADD model the shortrun mechanisms may break down due to factors such as the Jcurve effect and Exchange Rate Passthrough ERPT both of which int... View the full answer

Microeconomics An Intuitive Approach with Calculus

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