=+13. If an economy does not start out at full employment, is it still true that a

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=+13. If an economy does not start out at full employment, is it still true that a permanent change in fiscal policy has no current effect on output?

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International Economics

ISBN: 9780132146654

9th Edition

Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz

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Question Posted: Oct 02, 2024 03:02 AM

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=+13. If an economy does not start out at full employment, is it still true that a permanent change in fiscal policy has no current effect on output?
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=+13. If an economy does not start out at full employment, is it still true that a

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International Economics

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