4. A country with a fixed exchange rate can expand aggregate demand by its currency to net...

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4. A country with a fixed exchange rate can expand aggregate demand by its currency to net exports.

a. revaluing, increase

b. revaluing, decrease

c. devaluing, increase

d. devaluing, decrease

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Macroeconomics

ISBN: 9781319263904

11th Edition

Authors: N. Gregory Mankiw

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