=+as an interest rate cut by the central bank, and therefore as an expansionary monetary action. Compare
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=+as an interest rate cut by the central bank, and therefore as an expansionary monetary action. Compare your story with the one depicted in Figure 15-13
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Related Book For 
International Economics
ISBN: 9780132146654
9th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
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