2 In the MundellFleming model with floating exchange rates, explain what happens to aggregate income, the exchange rate, and the trade balance when the money supply is reduced What would happen if ex...

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2 In the MundellFleming model with floating exchange rates, explain what happens to aggregate income, the exchange rate, and the trade balance when the money supply is reduced What would happen if exchange rates were fixed rather than floating ...

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2. In the MundellFleming model with floating exchange rates, explain what happens to aggregate income, the exchange

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Macroeconomics