=+ 3. The MundellFleming model takes the world interest rate r as an exogenous variable. Lets

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=+ 3. The Mundell–Fleming model takes the world interest rate r ∗ as an exogenous variable. Let’s consider what happens when this variable changes.

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Macroeconomics

ISBN: 9781429240024

8th Edition

Authors: N Gregory Mankiw

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