8. Explain why temporary and permanent fiscal expansions do not have different effects under fixed exchange rates,

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8. Explain why temporary and permanent fiscal expansions do not have different effects under fixed exchange rates, as they do under floating.

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International Economics Theory And Policy

ISBN: 9780321116399

6th Edition

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

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Question Posted: Oct 01, 2024 12:00 PM

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8. Explain why temporary and permanent fiscal expansions do not have different effects under fixed exchange rates, as they do under floating.
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8. Explain why temporary and permanent fiscal expansions do not have different effects under fixed exchange rates,

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International Economics Theory And Policy

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