How is the IS curve in a small open economy affected by an increase in its major

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How is the IS curve in a small open economy affected by an increase in its major trading partner's income? by an increase in foreign interest rates?

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Macroeconomics

ISBN: 978-0321675606

6th Canadian Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

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Question Posted: Apr 01, 2016 03:53 AM

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How is the IS curve in a small open economy affected by an increase in its major

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The ISLM model for the open economy differs from the closed...View the full answer

Macroeconomics

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