Why does fiscal policy have a smaller effect on aggregate demand in an open economy than in

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Why does fiscal policy have a smaller effect on aggregate demand in an open economy than in a closed economy?

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Economics

ISBN: 978-0134106243

6th edition

Authors: R. Glenn Hubbard

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Question Posted: Nov 01, 2017 08:04 AM

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Why does fiscal policy have a smaller effect on aggregate demand in an open economy than in

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Fiscal policy has a smaller effect in an open economy than in a closed economy because of ...View the full answer

Economics

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